A Comment About

Health Insurance Industry Sells Its Soul to the Devil

March 22, 2009 - 2:18 pm - by Paul Hsieh
Doc
2009-03-23 12:50:36

The problem is that medical care is, or is perceived to be, expensive. The reason? The twin pillars of the FDA and the medical practice acts. As alluded to in a previous post, these entities limit availability and drive up costs. The beneficiaries: doctors (including myself; less comptetition; you could be brilliant, but if you practice medicine and don’t have gov’t permission, enjoy your prison stay), drug companies (less pesky competition), health insurers (expensive medical care means people buy insurance; if medical care cost what plumbing does, no one would buy insurance), hospitals (reduced competition; ever try to open up a hospital? Try it some day when you have time to be arrested for doing so w/o proper gov’t permission). All in the name of ‘protecting the public’…from their own incompetence at choosing a doctor/hospital/medicine. NOT exactly what gov’t was designed for, but hey, when has that stopped Congress?