Tuesday, October 20, 2009

How American Health Care Killed My Father

The consequences of our current system.

He said it perfectly. The reason the health care market is so messed up is because individuals aren't the customers. This is due to a combination of natural human proclivities and government market distortions, namely those distortions that encourage the insurer-centric system we have in place now.

When we stop subsidizing insurance, we will see the real cost of health care and work much harder to improve it on every level. By hiding the costs now, we set ourselves up for a world of hurt later.

The consequences are now upon us.

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