Saturday, January 2, 2010

Things that Are Free Get Used More

The accompanying graph shows how too much of a good thing--easing access to medical care-- inevitably is associated with a funding crisis. If you prepaid most of your housing, automotive, food or vacation needs/desires, you would use more resources in that/those fields.

And so with medical care, especially when a licensed expert, generally an M. D., directs the spending on your behalf.
In the old days in the 1980s, when patients paid the doctor and Medicare then reimbursed the patient, it was harder for the doctor to spend the patient's money.

Good intentions for healthcare are now conflicting with fiscal realities. A return to a higher percentage of out-of-pocket payments for the great majority of Americans who can afford them may well be an important part of the solution.
Copyright (C) Long Lake LLC 2010

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