My biggest concern about universal health coverage is whether we, as a country, are culturally ready to consume a service where the price we pay is not determined by our consumption. I'm skeptical. Having been in various management positions over the years, I have just witnessed too many people abuse expensive health benefits for things like getting extra days off of work, extending vacations, etc...
On the other hand, our current health system where coverage is largely supplied by employers actually inhibits free enterprise. Too often our health benefits anchor us to our employers. For example, if you are working for an accounting firm and feel that your employer is overcharging clients and providing sloppy service, a natural reaction for a entreprenurial mind might be to go into business in competition against your employer. However, if your family is depending on your health benefits, leaving your employer may not be a viable option. As consumers, we are being overcharged by this employer because of a competition inhibiting health system.
Thursday, November 13, 2008
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