Saturday, March 30, 2019

Rationing

The question is what will replace Obamacare. Allow all of those who are currently covered by Obamacare to be a part of Medicaid which never had a preexisting condition clause. The cost is free to low income and has a sliding fee for those with incomes below four times the poverty rate. All remaining private plans will remain in force for both corporate and individual plans. Cost can be lowered by selling insurance across state lines, lower drug cost and limit punitive damages in medical law suits. The big money savings is in end of life care. 25% of a persons life time health care cost occur in the final year of life. This means rationing. Here is a quote from Economist Thomas Sowell concerning rationing. “The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.” For example: Should a 93 year old man with a bad liver get a heart transplant. Then you work your way down from there. Rationing is already done but rarely discussed.

No comments:

Post a Comment