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Obamacare: The Right To Wait in a Long Line

By: Curtis Ophoven

11/4/2009 - 6 Comments

The healthcare reform that is being debated in congress is wrong solution to a big problem.

The healthcare system is in desperate need of less government and more free market to bring prices down, not up.

The reform bill is clearly not intended to reduce healthcare costs, but to add more government controls to the industry. The sales pitch that Obama is using to try and passed the bill is 'healthcare should be a right for all Americans'.

But this is the same victim mentality trick that has been used to create the welfare state that has crippled capitalism and destroyed the economy

Here is a video showing why government healthcare will be a disaster.  

Also, here is an article series I wrote about healthcare reform in case you missed it.

Obama’s Healthcare Reform Will Be a Colossal Failure, Causing Prices to Increase Even Faster

Here is a video clip detailing some of the better solutions that have been proposed. 

This massive expansion of government is going to end very badly unless congress starts the correction process soon.  The nation is broke and the dollar is very close to a major crash, as gold hit another all time high today.

Yesterday, the central bank of India purchased 200 tons of gold from the IMF and they did it at record high gold prices. The central bank of India obviously knows that the dollar is headed for a crash.  China also was interested in purchasing the gold, but someone India was able to make the purchase.

The IMF is pretty stuppid to sell there gold at this time in history, when the U.S. central banks is printing money faster than at any time in history.

We cannot even afford the healthcare system that we have now and we sure don't have the money to create a new healthcare system run by the government.

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Reader Comments

Comment 1
Neil Says: on Thursday, November 05, 2009 5:16:23 AM

Hi

If universal health care is such a bad idea then why do some countries manage to provide it for about half the cost (in % of GDP terms) of the patchy US provision?


Comment 2
Curt Says: on Thursday, November 05, 2009 7:58:19 AM

@Neil - That is a great question, which I address in my article series about Obama's healthcare reform.

Obama’s Healthcare Reform Will Be a Colossal Failure, Causing Prices to Increase Even Faster

The reason that other countries provide healthcare for less than America is because;

1. Government programs like Medicaid and Medicare control prices on the healthcare industry, which distorts the actual cost of many services and causes higher prices to compensate for the loses do to these price controls. The existing government intervention in the healthcare industry is the primary cause of increasing prices.  IF we had a free market healthcare industry, competition would drive prices down.

2. Nations like Canada with socialized healthcare do not include the entire cost of healthcare in there calculations. Much of the costs to the public are not included in the governments expenses.

For example, waiting an additional 6 months to have a surgery will cost a worker 6 months of wage and they during this time they collect unemployment, which is paid for by companies paying higher unemployment insurance. Also, thousands of patients who need operations travel to America and pay for there medical needs out of their own pocket. These costs are not included in the governments total cost of healthcare and therefore distort the true cost of healthcare. Nations with socialized healthcare simply push many of the costs of healthcare on the public to reduce the cost on the government.  The complete costs of healthare in socialized nations are much higher.  The hidden costs of the inefficient government run healthcare coupled with the costs to the public are much higher than if the government was removed from the equation and the free market was allowed to drive prices down and the quality of service up.


Comment 3
Lawrence Says: on Thursday, November 05, 2009 2:08:00 PM

Bad, bad, bad idea!

Comment 4
Neil Says: on Friday, November 06, 2009 5:04:57 AM

Hi

Hope you don't think I'm being rude by arguing with you on your blog, just trying to put an alternative point of view.

As a resident of the UK the whole US healthcare system seems a bit odd. No doubt some of this is caused by my ignorance of the details and some more by my upbringing in what (by American standards) is a socialist country.

My main observation about the US system is that it seems to involve a lot of middle men and profiteering - the market doesn't seem to be working, which I guess you cover in your posts.

When people from the US use the UK National Health Service as an example of something bad they seem to forget that having it doesn't stop people arranging their own cover/paying for treatments.

I think the UK system is far from perfect, but it represents a starting point for healthcare (a safety net if you will) rather than being (as it is sometime portrayed) as Stalinist system that forces people to wait. The figures that I have seen quoted are that the UK system costs 8% of GDP to cover the whole population whereas the US system costs 16% for partial coverage.

Comparing satisafaction with healthcare systems it would seem that the French system works very well! This involves (I think) a system of insurance with government payment for low paid/unemployed people. The provision is via private companies.


Comment 5
steve Says: on Sunday, November 08, 2009 8:26:49 PM

The doctors & nurses in Europe make a lot less money so of course it costs less on the other side of the pond - health care professionals should get ready to take major pay cuts if the government has its way with healthcare.
We already have one system of governement provided healthcare in the USA - it is called the VAMC. Many Veterans prefer to use the private sector for their health care needs (other than to get their "free" annual physical so they can get their medications at a subsidized price).


Comment 6
Discount Promotion Says: on Friday, November 13, 2009 10:35:33 AM

I have to agree with Neil.

I also live here in the UK - well in Wales to be exact where we have free healthcare and free prescriptions of drugs under the NHS

I cant believe any 'normal working class' american would uphold the stranglehold that health insurance companies have over the general US population, excluding any person who is not deemed to be 'profitable' in the end.

We do have options as Neil said - we have an NHS system thats available to those that cant pay, for whatever reason - and for those that want to opt for a better quality of care we have the private sector.

Yes our NHS causes us to have to pay NI contributions in all of our wages - but I guarantee that every single person in the UK has at some point been able to use its services free of charge.

Our NHS rocks!


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