04 September 2009

Heath Care Reform?

So much is being said about the current health care legislation, but the most important thing I've personally read so far is this new article in the Atlantic by David Goldhill. It details the fundamental problems with our system, which no current reform proposal will fix. In summary, current proposals want to extend health insurance, but health "insurance" itself is the fundamental problem. That's because it is not insurance at all, but a double-blind comprehensive payment system that hides both costs and benefits from consumers, a system of "Ponzi-scheme financing, hidden subsidies, manipulated prices, and undisclosed results." He details the problems and it's agonizing to read, because he's right and of course, once pointed out, it's so obvious.

Congress will not reform health care and is, in fact, constitutionally incapable of it. And I think Obama will accept any bill that extends health care benefits to the uninsured. In a way, I agree with his pragmatism. A runaway system is pricing the uninsured right out of health care. If you cannot reform the system, at least you can try to bring more people into it.

But let's not call such a thing reform. This is just an extension of benefits that you and I will pay for. Our health care costs are about to go up. No wonder the industrial heath care complex is running ads day and night in favor of it.

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