Tag: socialized medicine
Counting the True Cost of Government Monopoly Health Care
Governor Gavin Newsom wants to expand Medi-Cal, the state’s program for low-income people, to every Californian under age 26, regardless of immigration status.
Mick Jagger Has Heart Surgery in New York
Given the choice, people will avoid socialized medicine, at least when there is a lot at stake.
Weaponizing Socialist Medicine
What American politicians like to call “socialized medicine” is actually government monopoly health care.
Shades of Healthcare Future: Irish Government May Fall for Lack of a New Diagnostic Lab
Imagine if the upcoming national election hinged entirely on whether or not San Francisco General were to be provided funding to add a diagnostic lab. Imagine if one of the candidates, foiled in his efforts until now to get this funding, lashed out at his political opponents with attacks such as: I don’t want...
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French Doctors Lose Strike Against “Free” Health Care
After a long and arduous fight, French politicians have approved a law abolishing patients’ upfront payments to physicians, which was a promise of President François Hollande’s Socialist Party. Currently, patients usually pay about £23 ($25) when they see a general practitioner. However, some of this fee is reimbursed by the national health scheme or...
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Health Insurance vs. Healthcare: When Socializing Risk Pays Off
Do you care whether I have health insurance? If you do care, do you also care if I have other kinds of insurance? While you’re thinking about the initial question, here are a few follow-up questions: Do you care whether I have life insurance? What about disability insurance? Homeowner’s insurance? Auto casualty insurance? Auto...
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How Much Does Health Insurance Affect Health? Some Surprising Answers
There have been a number of claims that lack of insurance is life threatening. The most recent and well known is an Institute of Medicine (IOM) study claiming that 18,000 people die every year because they do not have health insurance.[1] Using a similar methodology, a study for the Physicians for a National Health...
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How Much Do You Trust the Government? Politics, Patients, and Perverse Incentives
Just as noneconomists think wages can be set at any level, some people think that any public policy is possible. If wages are judged to be too low, the noneconomist thinks that’s because the business owner is hardhearted. If a public policy is judged insufficiently generous, the person unfamiliar with public choice thinks that...
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Two Approaches to Regulation
There are two fundamentally different ways of thinking about complex social systems: the economic approach and the engineering approach. Social engineers see society as disorganized, unplanned, and inefficient. Wherever they look, they see underperforming people in flawed organizations producing imperfect goods and services. The solution? Let experts study the problem, discover what should be...
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Groundbreaking New Book: Priceless: Curing the Healthcare Crisis, by John C. Goodman
We are very pleased to announce the publication of our very timely, widely acclaimed, and compelling, new book on how to get beyond partisanship and special-interest politics to resolve one of biggest issues facing us today, Priceless: Curing the Healthcare Crisis by our Research Fellow John C. Goodman. Dr. Goodman is the renowned, free-market,...
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