Sunday, October 20, 2013
Obamacare, Retooled
Professor Tyler Cowen's proposals in today's New York Times lack some free market trust busting ideas that an Economist at George Mason University might want to consider. How about lowering entry barriers for health providers so that a walk in walk out surgical procedure in a clinic is more reasonable than $50,000 at a clip? How about demanding out of patent drugs be used in all instances where public subsidy of cost is required. Otherwise and extraordinary drug's expense is for the patient and his non subsidized insurer to shoulder. I am sure there are other ideas to control costs, so let the market develop them easily.
Wednesday, October 16, 2013
Drug Prices Soar
What the consumers need is a Walmart buying and distributing drugs with everyday cheaper prices instead of a system of rent seeking pharmaceutical companies protected to price at exorbitant levels as described in this linked article from the New York Times.
Sunday, October 6, 2013
Obamacare
As a Libertarian I should be against Obamacare and I would be if it were not for the Stupid Old Party making it their cause celebre. So in that frame of mind I am supporting it's enactment and hope to shape it's direction in the future. I recognize that medicine as presently organized is not an economic good that works under Adam Smith's free market construct. Some things are truly wrong in the system and stupidity is not the answer.
CVS Mini Clinics
This appears to be a free market solution to the upward ratcheting costs of health care whereby we get low cost providers and gatekeepers. Health providers to prevent and for those on the other side suffering from a diagnosed and prescribed for chronic disease to maintain. Gatekeeping to reduce entry into a very expensive system.
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