One of Bush's proposals for the health care system is to encourage "Health Savings Accounts" combined with high deductible health insurance
( Read more... )
Health and money
anonymous
March 18 2009, 04:25:32 UTC
1. It's simple to build in a provision for government subsidies for preventative measures which are actually proven to be cost-effective such as prostrate screening, colonoscopies (after 50), ect.
2. Money is always employed. Most likely it would be put in bonds, but if nothing else it would be in a money market account or even just a bank account. Money markets are for short-term loans, but interestingly I heard one economist say that investment banks used money market funding for long-term investments (see http://en.wikipedia.org/wiki/Asset_liability_mismatch).
That's not to say that I'm completely onboard with consumer-directed healthcare, but it sounds nice. I don't think it would come close to solving the healthcare crisis. Single-payer with a truly good administration would be ideal (similarly, the best government would be the rule of a philosopher-king). While bureaucracies suffer from inefficiencies, it may still be the best system.
2. Money is always employed. Most likely it would be put in bonds, but if nothing else it would be in a money market account or even just a bank account. Money markets are for short-term loans, but interestingly I heard one economist say that investment banks used money market funding for long-term investments (see http://en.wikipedia.org/wiki/Asset_liability_mismatch).
That's not to say that I'm completely onboard with consumer-directed healthcare, but it sounds nice. I don't think it would come close to solving the healthcare crisis. Single-payer with a truly good administration would be ideal (similarly, the best government would be the rule of a philosopher-king). While bureaucracies suffer from inefficiencies, it may still be the best system.
The Annals of Internal Medicine had an article which I largely agree with on the issue: http://www.annals.org/cgi/content/full/0000605-200904070-00114v1
By the way, apologies on stalking.
- ImperfectlyInformed
Reply
Leave a comment