Monday, April 30, 2007

So You Say You Want A Healthcare Revolution? Libertarians and Health care


Well, we all want to change the world.

But there is a better way. Now I’m sure my liberal and conservative friends can agree (finally, The-G-Blog, a uniter, not a divider) that the current way is not working. So do we let the government step in to once again solve our problems (like the war on drugs, like the prescription drug plan, etc).

Healthcare is outrageous. So is health insurance. So why shouldn’t the Federal Government implement a plan to solve the crisis?

Because they’ll make it worse, that’s why.

The government requires insurance carriers to carry certain coverages on all policies they sell. So if you are a 70 year old female who’s had your tubes tied, most likely you are required to buy pregnancy coverage through your healthcare provider, I guess just in case. Silly requirements like these drive the price up. You can’t go out and get a simple policy that covers an unexpected loss. Not because these policies wouldn’t make money, but because the state requires them to add on extra coverages, which cost extra

What about the cost?

If you have healthcare insurance through your company, the company pays about 50% of that premium (on average). So when we move to Government healthcare, your taxes will need to be increased by 2x the amount you pay now toward healthcare. And do you think that once competition is eliminated, the hospitals are going to lower their price?. Is that what we need, solve the problem by doubling our burden? I say not.

Now, I’m all for a non-profit healthcare program sponsored by the government to offer basic healthcare to those who don’t get it through their company. I would also like to see a safety net for those who couldn’t afford the premiums that the non-profit program provided. Call me the libertarian Dennis Kucinich if you will.

We should concentrate on Tort reform, more competition, and less government intervention. It’s the American way... Or at least it used to be!!