Tuesday, July 17, 2012
Cynthia Davis: We don't need Obamacare; all we need is love and charity
Deep down in our souls, with the exception of the most hard-hearted, most of us know that all people should be able to receive life-saving medical care. If people cannot afford basic services, their help should come from charity. If we were allowed to keep more of our income, we would have more money available to donate to charities. Insurance mandates and other bad public policies have driven up the price of medical care to a point where these expenses escalated disproportionately beyond the rate of inflation.
Your feelings about Obamacare have to do with your answer to three questions:
1.) Do you believe insurance premiums will go up or down?
2.) Do you believe the cost of health care will go up or down?
3.) Do you believe you will have more money in your bank account or less money in your bank account?
Our like or dislike of Obamacare is reliant on our imagination of what the future will be like and in which economists who we place our trust. This is a very expensive experiment that has the potential to alter health care as we know it.
Europe has offered the world a model so that we can observe what happens when the government interferes with free markets. I remember when my sister was going to the hospital in France to have a baby, where they have more socialized medicine. She was told to bring her own sheets and clothes for the baby to wear while in the hospital.
Bigger government and more third party payouts only exacerbate the problem and foster a greater culture of dependency. We need to return the medical care industry to free market principles for it to become healthy, strong, consistent and fair. When governments back off from trying to control our lives and start encouraging more price structure integrity, transparency, competition and thrift, people will have more confidence in themselves and be empowered to take responsibility for their own health care options.
The heart of the question is surrounded by the foundational question of, "Who" should run the system, more than "How" it should be done. When our country wants to start moving toward policies that bring more balance into our system, we can continue to enjoy the best health care system in the world.