Monday, January 11, 2010

Heathcare Solutions

Tell me again why we are trying to reform health care?

Well, I do not want to sound like the talking heads (sorry guys). So, I am going to try something different. I am going to suggest what we should be doing to fix the health care system.

First, we need to make a list of the real needs for average Americans. I have already covered these in my other blogs, so, I will not repeat them here. Suffice to say, we can make a very simple checklist.

Next, we need to solve the cost issue. The secret here, is not really much of a secret. If the government really wants to reduce the cost of health care, they should be working to promote more competition in the market. I know they know how to do this; they've done it before. Remember the Information Technology bubble? This is where the government intervened in the free market by granting millions (yes millions) of visas for Information Technology workers. This resulted in the collapse of the Information Technology job market. But, it worked - it reduced the cost for Information Technology services. So, why not do something similar for the health care industry? Well, not that I would wish the kind of collapse that the Information Technology job market encountered. But, it would be nice to have more competition.

I believe that instead of spending money giving health care away, the government should find a way to increase the number of health care workers and the number of health care facilities. Why not make low interest government loans available for the following:
- Building new hospitals and other medical facilities
- Educational Loans for Health Care workers
- Research grants for medical research

Imagine what the health care market would look like if all this capital were put into the market? That said, these investments alone will not make the difference. But, if legislation were put in place to protect those individuals who are supposed to be serviced by the insurance companies (standard consumer protections), we might actually be able to do something good for the American People.

Go Figure ...

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