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Old 02-24-2019, 04:34 PM
 
13,900 posts, read 9,773,129 times
Reputation: 6856

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The free market solution is to die.
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Old 02-24-2019, 04:47 PM
 
Location: Toronto, ON
2,339 posts, read 2,071,861 times
Reputation: 1650
The rest of the world knows and has known for decades that there is no free market solution to healthcare.
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Old 02-24-2019, 05:02 PM
 
Location: Barrington
63,919 posts, read 46,748,172 times
Reputation: 20674
There is no successful model of free market healthcare anywhere, let alone for the elderly.

When I turn 65 I will have prepaid elderly healthcare premiums for 50 years.

Medicare is not free.
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Old 02-24-2019, 06:37 PM
 
18,802 posts, read 8,474,425 times
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Quote:
Originally Posted by middle-aged mom View Post
When private insurers declined to cover flood risk, the Federal Government filled the void.

When private insurers declined or severely limited elderly hospitalization risks, the Federal Government filled the void.

When private pension plans failed, the Federal Government filled the void.


There is a pattern, here.
Central policy will be adopted if the private sector fears to tread and there is large and legitimate public need.

https://www.who.int/bulletin/volumes/82/2/PHCBP.pdf
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Old 02-24-2019, 06:40 PM
 
Location: Inland FL
2,531 posts, read 1,864,874 times
Reputation: 4229
Before there was Social Security and Medicare government healthcare for the elderly, the elderly used to go broke because they had to spend all their savings on medical care and live in poverty as a result. After working their whole lives, they need a break.
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Old 02-24-2019, 06:42 PM
 
18,802 posts, read 8,474,425 times
Reputation: 4130
Quote:
Originally Posted by middle-aged mom View Post
There is no successful model of free market healthcare anywhere, let alone for the elderly.

When I turn 65 I will have prepaid elderly healthcare premiums for 50 years.

Medicare is not free.
Medicare is not free, but it remains a great bargain for most all enrollees. And one very big reason it is so popular.

A typical beneficiary gets a 1/3 to 1/2 more in benefits than they put in with taxes and other medical related OOP expenses.


And it is still not cheap, as a typical Medicare couple will put in roughly $250K in OOP expenses before they crump.
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Old 02-24-2019, 06:57 PM
 
Location: Toronto, ON
2,339 posts, read 2,071,861 times
Reputation: 1650
Quote:
Originally Posted by floridarebel View Post
Before there was Social Security and Medicare government healthcare for the elderly, the elderly used to go broke because they had to spend all their savings on medical care and live in poverty as a result. After working their whole lives, they need a break.
Why not extend that line of thinking to include everyone, so working-aged people can get well and contribute to society instead of burdening it?
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Old 02-24-2019, 09:51 PM
 
Location: Barrington
63,919 posts, read 46,748,172 times
Reputation: 20674
Quote:
Originally Posted by zortation View Post
Why not extend that line of thinking to include everyone, so working-aged people can get well and contribute to society instead of burdening it?
As I said when I turn 65 I will have 50 years of prepaying premiums. In absence of these prepayments, what might the premium be? Careful what you wish for.
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Old 02-25-2019, 05:34 AM
 
Location: OH->FL->NJ
17,005 posts, read 12,595,161 times
Reputation: 8925
People without sufficient payment ability do not warrant significant medical work.

Get with the program already.
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Old 02-25-2019, 06:00 AM
 
Location: Tip of the Sphere. Just the tip.
4,540 posts, read 2,769,559 times
Reputation: 5277
There is not a single industrialized country anywhere in the world with a "free market" healthcare system.

Not one.

That isn't a coincidence
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