The Healthcare Solution

The Affordable Health Care Act is a skimming operation similar in structure to what the mob used to profit from docks, bakery, unions and building industries during the 70s. Crime has no downside to criminals who learn to legalize activities through control of government.

Having government pay for healthcare is not complicated. Americans insist that government pay for health care. Like all economics issues. the optimum way to pay for healthcare in a system where all parties reject the free market concept, can be explained in a sentence or two.

Do not mistake Medicare for healthcare. It is not. It is insurance. Medicare is insurance for all. Insurance for all reduces physicians incentives to care for patients. With insurance for all, your doctor has more of a rent seeking incentive than anything else.

Government paying for healthcare looks like this. Every citizen gets a plastic health care card that gets scanned by doctors, hospitals, pharmacies and all other providers anytime a patient pays. The card works like a credit card.

After the card is swiped, the doctor is paid. If the patient is a billionaire, he pays the entire charge. If he is without resources, the patient pays nothing. Most Americans pay part to all of the bill. The provider does not know who pays none, all, or some of the bill. That way there is some free market competition. With some free market competition healthcare prices will come down.

With this type of system the cost of paying the bill will be less than the premiums patients pay for insurance. This is the best system to use in a country where citizens reject free market principles in medicine.

With mandatory insurance, patients are paying for healthcare. With the system just described, patients will pay considerably less.

Legislation is what makes healthcare expensive. All legislation is for profit. Countless non producers have legislated their way into the healthcare business. The legislation benefits all who have the political power to get the bills passed. All others pay many times what they would pay without the legislation.

When was the last time an elected representative wrote a bill at the request of his constituents? Has such a bill ever been written? I can’t think of one. Certainly there has been at least one case over the years.

Legislation is written to serve as a means for a select few to make a profit. Healthcare laws benefit those who pay lobbyists to write the laws, and then pay again to have the bills passed.

The healthcare system I described would actually reduce the incomes of the parties who pay to have healthcare laws passed. That is why simple concepts are never used.
The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.

Fantasy Free Economics recommends the following blogs.

Of Two Minds Liberty Blitzkrieg Mises Institute Straight Line Logic Paul Craig Roberts

(Visited 200 times, 1 visits today)
0 0 votes
Article Rating

About Fantasy Free Economics

James Quillian independent scholar,free market economist,and teacher of natural law. Who is James Quillian? Certainly I am nobody special, Just a tireless academic and deep thinker. Besides that, I have broken the code with respect to economics and political science. Credentials? Nothing you would be impressed with. I am not a household name. It is hard to become famous writing that virtually no one in the country is genuinely not in touch with reality. But, if I did not do that, there would be no point in my broking the broken the code. If you read the blog, it is easy to see that there are just a few charts, no math and no quantitative analysis. That is not by accident. Given what I know, those items are completely useless. I do turn out to be highly adept at applying natural law. Natural law has predominance over any principles the social science comes up. By virtue of understanding natural law, I can debunk, in just a few sentences , any theory that calls for intervention by a government. My taking the time to understand the ins and outs of Keynes General Theory is about like expecting a chemistry student to completely grasp all that the alchemists of the middle ages thought they understood in efforts to turn base metals into goal. Keynesian theory clearly calls for complete objectivity. Government can only make political decisions. Keynesian techniques call for economic decisions. So, why go any further with that? Fantasy Free Economics is in a sense a lot like technical analysis. Technical analysis began with the premise that it was impossible to gain enough information studying fundamentals to gain a trading advantage. Study the behavior of investors instead. Unlike technical analysis, I don't use technical charts. What I understand are the incentives of different people and entities active in the economics arena. For example, there is no such thing as an incentive to serve with life in the aggregate. In the aggregate, only self interest applies. It is routinely assumed otherwise. That is highly unappealing. But, I am sorry. That is the way it is. I can accept that because I am genuinely in touch with reality. Step one in using Fantasy Free Economics is for me to understand just how little I really know. A highly credentialed economist may know 100 times what I do based on the standard dogma. Compare the knowledge each of us has compared to all there is to know and we both look like we know nothing at all. There is always more than we don't know than what we do know. I am humble enough to present myself on that basis. Why? That is the way it is. I am not bad at math. I have taught math. What I understand is when to use it and when to rely on something else. Math is useless in natural law so I don't use it. While others look at numbers, I am busy understanding the forces in nature that makes their numbers what they are. That gives me a clear advantage.
This entry was posted in Daily Comments and tagged , , , . Bookmark the permalink.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments