Many people have strong support for a single payer system. Seeing this simple failure illustrates a risk in moving that direction. Who do you trust to do a better job keeping costs in control? The greed (or fiduciary duty) of an insurance company or the governance of bureaucrats?
I trust the market more because the government has proved to be far more corruptible. There should be a government option for sure, but regulations should focus more on making the healthcare market healthy.
* Open straightforward pricing
* Removal of trademark protections for named drugs
* Reducing patent terms, adding affordability conditions
* Publicly funding research with open access requirements
* Mandating manufacture of unpopular or poorly competitive drugs to get patent protections
* Adding efficiency to approval and regulation process
It seems all too obvious that a single payer system in America would get overrun with regulatory capture and skyrocket costs in sweetheart deals.
I trust the market more because the government has proved to be far more corruptible. There should be a government option for sure, but regulations should focus more on making the healthcare market healthy.
* Open straightforward pricing
* Removal of trademark protections for named drugs
* Reducing patent terms, adding affordability conditions
* Publicly funding research with open access requirements
* Mandating manufacture of unpopular or poorly competitive drugs to get patent protections
* Adding efficiency to approval and regulation process
It seems all too obvious that a single payer system in America would get overrun with regulatory capture and skyrocket costs in sweetheart deals.