P&C drink and review Crowhill’s mild ale, then discuss whether we should extend medicare to everyone.
What’s good or bad about that? Should everyone be covered by Medicare, or some other single-payer plan?
Before addressing that specific question, they go through Crowhill’s list of general health care principles.
- a free market is the best way we know to ration scarce resources
- profit incentive is the best way we know to get people to invent and invest in cool new stuff
- insurance distorts prices
- we need price transparency when choosing medical services, so people can shop around
- we need a way to know which doctors are good and which are bad, and a way to judge risks
- health care / insurance should have nothing to do with your employment
- people should not go bankrupt because of their or their dependents’ illness
- there will always be haves and have nots, no matter what system we put in place
After reviewing these broad principles, they discuss how those principles relate to Medicare for all.