I just read a great piece on healthcare over on the Washington Times by Dr. Milton R. Wolf. Part of what makes this interesting is that it is both written by a doctor and that the doctor happens to be President Obama’s 2nd cousin. Here is one part I really like!
One of America’s founding principles is our trust in the people and their economic freedom to rule their own lives. We should decouple health insurance from employers and empower patients to be consumers once again. Allow them to determine the insurance plan that best meets their families’ needs and which company will provide it. This will unleash a wave of competition that will drive costs down in a way that price controls never have. Eliminate the artificial state boundary rules that protect insurance companies from true competition and watch as voters demand that their state insurance commissioners get the heck out of the way. Innovative companies will drive down costs similar to how Geico and Progressive have worked for automobile insurance. And it won’t cost taxpayers a trillion dollars in the process.
This free-market approach has worked for everything from high-definition TVs to breakfast cereals, but will it work for medicine? It already is. Take Lasik eye surgery, for example. Because patients are allowed to be informed consumers and can shop anywhere, doctors work hard for their business. Services, availability and expertise have all increased, and costs have decreased. Should consumers demand it, insurance companies – now answerable to you rather than your employer – would cover it.
Go check it out!
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Wow! This may well be the most comprehensive info I have found on this subject on the net. Would you think about hosting guest articles from others?
Both of you can email me. mom@nerdfamily.com