Earlier quoted context omitted.
>Mine is that lightly regulated free healthcare markets will be efficient (though might not be equitable). And what is 'efficient'? I think a major component of a well functioning healthcare system is that it's equitable. Our problem with healthcare is driven by the generalized problem of 'economization.' A rich person doesn't have some intrinsic quality that makes them more deserving of quality healthcare. A healthc…
> What I'd say is that the US is pretty terrible at both and that's sad. Right, inefficiency tends to harm both equitability and value/cost(loose efficiency definition), but the US market is not what it is because it is efficient or because it is equitable, which is a classic dichotomy of microeconomics. > Some evidence that shows that mostly private healthcare systems generally function better than mostly public one…
Well no... Inefficiency is totally independent of equitability.
>For example, healthcare in the US was relatively very cheap 50 years ago, where it was still private.
This increase in healthcare expenditure across time has happened in all western countries has it not?
>Instead of looking so broadly at private vs public, its better i think to focus on why its expensive.
Broadly looking at private vs public is a very good way to guide our focus to what makes our healthcare in the US so expensive.
>And I can assure you that the top 5 reasons why healthcare in the us is expensive is due to government irresponsibilities.
You mean how the government has failed to regulate more? How the government has failed to de-privatize certain portions of the American healthcare system? How the government has hamstringed public options (like Medicare) to prevent the american public from realizing how much cheaper the government can provide care than can a private system? Totally agreed!
>If the government cant even fix its own mistakes, how is it going to handle a much larger responsibility?
What are you talking about? Private healthcare companies make mistakes all the damn time. The reason we trust government is because we get a voice in it. If your point is that american government needs to be more democratic and responsive to the wishes of individuals and cut the crap when it comes to sponsorship by large insurance conglomerates then I'm all with you.
>I did.
Did I miss it? Maybe you could post it again here. I'm just looking for what could change your mind.