I haven't addressed health care much in the blog, because the problems are structural. Employer paid insurance and completely distorted the concept of insurance, which everybody understands in the case of auto or home insurance: you pay for the small stuff and buy insurance for the big things--like cancer or heart surgery. Another problem is that insurance companies negotiate huge discounts, which means that hospitals raise their fees to cover the discounts, and there is no clear rational pricing mechanism. People who pay retail are grossly overcharged, even after the token discounts for people paying cash.
Well, here's a proposal for a new health care law that might put rationality back into charges for medical procedures and allow the free market to attack health care costs. Read each item in this list carefully.
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