Thursday, October 1, 2009

Healthcare and the Consumer

Here is a sensible piece from the Wall Street Journal on what is missing in the healthcare debate and, by extension, virtually all discussions related to public programs, such as environment legislation and homeland security in Congress.

No one is talking about the prices that individuals are expected to pay for the government mandates passing off as healthcare reform. At the very end, you and I have to pay whether directly through high taxes or indirectly through higher prices for products and services made by companies forced to pay higher taxes.

The only sustainable system is one in which the cost of healthcare consumption is apparent to the individuals making the choices. The reason extant proposals are dishonest is they strenously try to hide the true cost to the individual with such schemes as public insurance, forced provision clauses, and price caps on insurances, procedures, and drugs. This 'something-for-nothing' mentality is to be expected from lawmakers and a President who have never had to make payroll or worry about where the next customer will come from. However, shame on us, the electorate, if we allow them to get away with it.

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