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<blockquote data-quote="MorkandMindy" data-source="post: 76318438" data-attributes="member: 172332"><p>And there is a further complication to the free-market hope, and that is I don't think that sort of thing works anymore, for a reason that is usually outside the scope of most calculations.</p><p></p><p>And that is there are so many people with low incomes that it would be impossible to get enough money off a lot of people to settle on any particular figure as a free-market price.</p><p></p><p>The shape of the earnings curve suggests that so many low-income people would be on reduced charges that it would hike the cost for the next higher pay bracket until it was unaffordable for them too, and costs would have to be passed up to the remaining higher pay brackets.</p><p></p><p>This may appear to be an intractable problem but it isn't because the government already contributes enough money to the healthcare system to run it without private insurance contributing money too, it's just that as long as the complex billing system exists the whole thing soaks up as much money in administration as it does in health care.</p></blockquote><p></p>
[QUOTE="MorkandMindy, post: 76318438, member: 172332"] And there is a further complication to the free-market hope, and that is I don't think that sort of thing works anymore, for a reason that is usually outside the scope of most calculations. And that is there are so many people with low incomes that it would be impossible to get enough money off a lot of people to settle on any particular figure as a free-market price. The shape of the earnings curve suggests that so many low-income people would be on reduced charges that it would hike the cost for the next higher pay bracket until it was unaffordable for them too, and costs would have to be passed up to the remaining higher pay brackets. This may appear to be an intractable problem but it isn't because the government already contributes enough money to the healthcare system to run it without private insurance contributing money too, it's just that as long as the complex billing system exists the whole thing soaks up as much money in administration as it does in health care. [/QUOTE]
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