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All in Medicine
What’s ailing our current health care system and what can we do to improve it? I have been discussing in prior posts what’s ailing our current health care system, and why I think political solutions will only perpetuate the problems. So what are my big ideas? I don’t claim to have all the answers, and the ideas I’m about to present aren’t even original. However, I think more people need to at least hear the ideas and their underlying rationale to decide for themselves what makes sense.
I received some excellent feedback from my article advocating free market pricing in health care. The reader questioned why other advanced countries with universal health care seem to have better health outcomes at lower cost. This is a complicated question which merits its own article. The major obstacle to discussing this topic is the conflation of terms involved.
We are told that health care is somehow different from any other category of goods or services we provide to each other, and therefore the laws of economics must be ignored or suspended through magical acts of legislation. This premise could not be any more misguided, health care is a service just like any other. Hospitals, doctors, and nurses do not fall out of the sky.
Learning about the root causes of the high costs we face in the health care industry can be a challenging endeavor, but it shouldn’t be! All we have to do is train ourselves to ask the right questions. Recently there were two notable stories that made national news regarding prescription drug pricing which provide excellent examples of what’s wrong with the status quo.
