eulero83 -> RE: A question for Canadians, Brits and any other citizen of a country with nationalize health care (10/11/2013 1:19:38 PM)
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ORIGINAL: DesideriScuri quote:
ORIGINAL: eulero83 quote:
ORIGINAL: DesideriScuri quote:
ORIGINAL: eulero83 the whole talk you are making sounds like: "Mercedes is way too expensive for all of us having one of their cars"... "So buy a toyota"... "No! I will never consider a car if it's not a merceds, it's mercedes that must lower it's prices"... "but mercedes has no intention to produce cheap cars"... "I'll walk till mercedes won't do it" My talk is that I want a Corvette (my favorite care of all time) that's truly a Corvette, and not a Yugo hiding under a Corvette body. Are there no graphs that support the claim that the US moving to a national health care system would reduce costs? No graphs showing before/after national health care was instituted in other countries? If you will just pay to the privates for the bills of who ever happens to be sick of course it will raise, as a matter of fact we are talking about producing health care directly because supply from the private sector is not enought to satisfy demand and with health care this means that for prices "sky is the limit". How do you determine there isn't enough supply to satisfy demand? Just basing it on prices being high? I was locked into a discussion with a friend of mine on FB who is a dyed-in-the-wool Catholic Republican. We agree on most issues, but he made the comment that the way to lower the cost of a hospital stay is so to have more beds available. While there are merits to the supply/demand argument, it's overly simplistic in his case. If there is not a frequent over demand of beds, increasing the number of beds isn't going to help outside of those infrequent times when there is a high demand. I am not saying we don't have a glut of supply. I'm questioning the claim that there is a glut of demand. I try to exand the concept better, this speech is just about economy and not on moral issues: An investor will spend risk his money to reach the highest profit possibe, profit margin can vary from one to the other option and usually big investors have high profit expectations, so if spending 20 milions to build a health care facility will give less profit than spending 20 milions in real estate business an investor will choose to the real estate. not all health care is the same, there are procedures that for their "life saving" nature a person, and probably also his relatives, would pay any price to have acces to; other that are necessary for a good quality of life but not life threating so whoever have the money to pay the asked price will spend those money who has not those money will just go on with a crappy life; Other that have more or less impact in the person life but can be necessary to do some activities or are just esthetic so the higher is the price the fewer person will decide to take part in that procedure. For this two combined reason in a completely free market will provide as much supply of procedures for the first class of procedures as needed, because they will always be highly profitable as demand will not be affected by the price and it will be decided probably negotiating with insurance companies, will prvide as much supply of the second and third category of procedures as the price will make it a profitable investment compared with other business, but in the second class the price will be decided almost like life saving cares, for the other kind of procedures a lower price will attract more clients and so it will be a pure supply/demand consideration. A public health care system will build facility to provide as much supply as needed for the first two class of procedures and a limited supply or none of the third class usually will provide it if equipment required is also needed for one of the other two categories, the price will depend only on the productive costs. With a public health care system as competitor private facilities' prices will depend on supply and demand in all the three category because the patien will decide if buy that service pushed by other reasons like waiting time, quality of food, additional services provided, privacy in the rooms and so on, but not pushed by a thread on the quality of his future life, this wll of course reduce the number of private investor in health care services but it doesn't affect economy as they can invest their money in other kind of business, it's the good thing of money they are versatile.
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