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By Richard Fernandez

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The murky future of healthcare

August 3, 2009 - 12:00 am - by Richard Fernandez
RWE
2009-08-03 09:11:13

Look at it this way:

The new health care system is either going to be like putting everyone on Food Stamps or it is going to be like a healthcare version of the Community Reinvestment Act.

Either the Fed Govt will be deciding who gets to eat what and how much or else the government will be telling private firms that they have to provide healthcare for a price they specify.

The next step will be when people find out that you can take your money out of your pocket and buy healthcare directly with no middleman. And this will bring screams because “it’s not fair.” This is already happening in Canada, where doctors are breaking the law by setting up private pay as you go clinics and people are complaining that this simply removes capability from the publicly provided system.