Re: The Root Cause of Rising Health Care Costs




So why was it ever created to begin with? Do you think there might
have been a reason? A reason that you are talking about recreating?

The system for the payment of medical goods and services was created in
ignorance of this system's devastating effect on the price of these goods and
services.

Obviously the medical insurance system would have never been created
if simple supply and demand was keeping cost controlled. You
advocate going back to something that doesn't work.

I have heard quite reasoned descriptions that health insurance as a fringe
benefit was "invented" as way of bypassing the wage controls that were
associated with World War II. It then got copied by other employers.

So it was "invented" to fix a quite different problem. Not very surprising
that it turned out to be a flawed, in several different ways, solution.



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