A hot topic of discussions publicly and privately orbits around the proposed overhaul of our national Health Care Cost system. Proponents of such a plan stress the expense of medial treatment today for most citizens and their inability to pay this expense. Other voices propose we are not targeting the real cause of high cost aiming instead to create a government social program allowing government to compete unfairly with private enterprise.
Let us Ying & Yang this topic a bit.
No one disputes the high cost of health care. None disputes that the quality of care in the United States is the best in the world. We are starting to define the problem. Then, what should be the solution?
The Problem: High Health Care Cost.
Solution: Lower Cost.
Method: Tell Providers to lower the cost. This is a simple, direct solution but not practical.
Approach: Create a government agency with subsidies that only pays fixed amounts for treatments then force the providers to charge only that amount. This will lower the cost of insurance for those enrolled in the government plan.
Two possible ripple effects would be the transfer of the overage (actual cost of treatment) cost from GHC (Government Health Care) to the private sector patients with effect of further driving up the cost of these premiums. The side effect would be minimizing the ability of the private insurers to compete with GHC.