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Posts Tagged ‘capitalism’

On January 27, 2008, U.S. Representative John Conyers Jr. (D-MI) introduced a new version of a previously unsuccessful bill before Congress that would turn America’s health care system into a socialized, not-for-profit, singer-payer system.  Previous iterations of the bill had few co-sponsors (25 in 2003), and the current version (H.R. 676), has gained a modicum [...]

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A reader of mine left an interesting comment on my post about selling your kidney. Here is an excerpt:
“I am waiting for a kidney and have been dialysising for 2 [and a] half years on hemodialysis and 5 years on capd - a gentler type of dialysis… I am…using up resources and cos[t]ing a lot [...]

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John McCain (re: health care in the USA):
“For all the grandiose promises made in this campaign, has any candidate spoken honestly to the American people about the government’s role and failings about individual responsibilities? Has any candidate told the truth about the future of Medicare? Its costs are growing astronomically faster than its financing, and [...]

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The Wall Street Journal chronicles John Edward’s attempt to tug at New Hampshire’s heart strings by telling a misleading version of the story of the death of a 17-year old leukemia patient and Cigna Corp., the insurance company that delayed coverage on her liver transplant.
Edwards, a former trial attorney, is the most extreme of capitalists, [...]

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Peter Goodman of the New York Times writes an interesting retrospective of free markets entitled “The Free Market: A False Idol After All?“  The article’s basic conclusion is that unfettered free markets (unhampered by regulation)…systems merely based upon ideology, cannot stand without some basic rules of government.  And I don’t disagree.  In the short run, [...]

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Just about anyone who doesn’t work directly for the U.S. Department of Health and Human Services, and has experience in health care, could not argue that Medicare’s reimbursement formularies adequately reimburse hospitals and doctors - AND keep a straight face.  Medicare reimbursement, the bane of many hospitals’ existence, began, like many government programs, with a [...]

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