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Author: ziggy29 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 63131  
Subject: Health Care: We're missing the big picture, IMO Date: 7/9/2007 10:20 AM
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In recent weeks we've been discussing health care quite a bit, and the related issue of who pays for it, and how we pay for it. Some want less government intervention in the market place; others think it should be 100% financed by tax dollars. Still others (myself included) see flaws in both models and wonder if there's a better way, perhaps some sort of hybridization.

Be that as it may, I think we're not seeing the forest through the trees here. What has turned health care into something arguably considered a crisis (and certainly a potential one if not an actual one yet)? Rampant, uncontrollable inflation in health care.

Folks, if we can't stop 8% to 10% annual inflation (or worse) in health care, it doesn't matter WHO pays. Either the status quo is mostly maintained and shuts more people out of adequate coverage, or the government foots the bill and taxes escalate to economically unsustainable levels. Neither of these is an acceptable outcome!

As I just mentioned in another thread, arguing over who pays right now is like rearranging the Titanic's desk chairs. Because if we don't tackle the underlying cause for the problems -- runaway medical inflation -- we're screwed no matter which way we go.

Personally, I think THAT battle needs to be fought first. Then we can figure out how to pay for it. If costs are brought under control -- in line with inflation (or at worst, GDP growth), it shouldn't become an increasing crisis with the passing of each year.

#29
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