Go figure... who would have thought that using the philosophy of Socialism to force the reduction of costs, artificially set prices, and provide for everyone would result in long-term problems? Oh, wait. That's right. Austrian economists knew this. But Canada has a great health care model to follow, right? Sure... depending on what results you're trying to achieve and by what means you're trying to achieve them. Why do costs always increase for government services, while they decrease when provided by private companies?
FTA: "...Canada's provinces are taking tough measures to curb healthcare costs, a trend that could erode the principles of the popular state-funded system... We can't continually see health spending growing above and beyond the growth rate in the economy because, at some point, it means crowding out of all the other government services. At some stage we're going to hit a breaking point. In some ways the Canadian debate is the mirror image of discussions going on in the United States. Canada, fretting over budget strains, wants to prune its system, while the United States, worrying about an army of uninsured, aims to create a state-backed safety net... Why are we paying more or the same for cataract surgery when it costs substantially less today than it did 10 years ago?"
Soaring costs force Canada to reassess health model
DISCUSS!
Original posting by Braincrave Second Life staff on Jun 2, 2010 at http://www.braincrave.com/viewblog.php?id=219
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