Saturday, September 26, 2009

govt has not controlled health care costs over the last 40 years, so why would we expect it now?

The govt share of health care spending has risen from 25% to 50% in the last 40 years-- a time period in which health care costs have increased dramatically.

Of course, there are good reasons to believe that this is cause-and-effect. More government involvement can easily increase costs.

In any case, mere correlation should give us pause. Govt has been unable to regulate costs as they have become more and more involved.

Or if they suddenly get successful in regulating costs, what will that look like? A lot more rationing...

1 Comments:

At September 29, 2009 at 9:18 PM , Blogger Ginger said...

EXACTLY!!! The government does not do a good job running programs! I think they should hire Aldi employees to consult on cutting costs and increasing efficiency while still offering great value:-) On second thought, the government should just stay out of it and maybe Aldi can branch off into the healthcare industry!

 

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