RE: Market Wrap: Bitcoin surges higher, likely bottoms on Ether and Steem, early Segwit2x signals and Aussie Medicare the envy of the world
Interesting note on healthcare, I asked a person at work who was from India about their healthcare, because as a libertarian I just knew but I wanted to verify it from a person in their country.
In India if you break your arm, go to the ER and get a cast put on, he was charged around $200 USD for a decent hospital. He also made the point of commenting medications are really cheap there, like the prescription high dollar stuff in the US is all cheap in India.
The difference? Little to no regulation. There are sick people, so the free market opens up a hospital which strikes the right balance between supply and demand, without artificial constraints placed on it by government.
Need a nurse at your hospital? In the US, 4 solid years of college training, plus many expenses for the student to incur before they become a nurse, along with rigorous testing. In India they don't do that. Meaning, you teach a person how to stick a needle in someone properly, and there you go. It is called on-the-job training. It used to exist in the USA too, where we would train people on the job, but sometime in the last 50 years I think we forgot how to do it.
What if a hospital is bad? Most people don't go to hospitals where everyone dies at them. Word gets around if your care is bad, and people wont show up. They're going to go where care is decent. But you know... in the US there are a lot of liberals. Liberals don't really espouse freedom in the US, rather it seems to be more about what new government control and law can be implemented to ensure prices increase and people become poorer and poorer. It's all fine as along as they offer a welfare system to go with it. After they make other Americans poor, they want them put on welfare so they can continue to be poor. This way as poor people, they know, they will blame the rich for their problems in life, and keep voting democrat.
As for me and my house, I trust in the Lord God, and poverty has no place in my life. God can't be a democrat because God doesn't believe in blaming the rich for his problems... why? God is rich.
You seem to have missed the point completely mate, the top ranked health care systems in the world are all government funded with optional paid healthcare for the rich. The problem in the US is leaving an essential service up to the market and the regulations enforcing that mechanism, not restricting it.
Health care is free in Australia. Just free. Not $200 and definitely not $150k for a bloody snake bite ...
Yeah that's not a free market price. Unless otherwise prevented, that bill is bait, attracting a hundred hungry competitors, desperate to be more efficient and provide a better service at a cheaper price.