Healthcare Funding Quotes
That particular Libertarian platform called for the abolition / repeal of Social Security, Medicare, Medicaid, the Post Office, Federal election Commission and campaign finance laws. Extreme radical ideas such as this are not typical of Libertarian Party positions before or afterwards. The quotation illustrates that there are people in America who would end public education if they could. The quotation also illustrates how a small cadre of people can capture control of a political party and create a platform that is their own personal views which may be different from most of the party members or the historical position that the party has taken. In 1980 the Libertarian Party Vice Presidential Candidate was David Koch, one half of the billionaire conservative Koch brothers. Their money financed the Libertarian Party in that year and David Koch’s views then prevailed in the party platform. Historically, the Koch brothers moved from a minor third party to the Republican party at the beginning of the 21st century when their money was able to help drive the party very far to the right from the traditions of Abraham Lincoln and Theodore Roosevelt.
Unlike most forms of insurance virtually everyone will have one or more claims and collect in his or her lifetime. Many of use will never have an automobile crash and collect on our insurance policy, but health is different in that we all change health status from well to ill at times and if we are fortunate we return to a state of wellness. But as Eigen observes, most of us who are tell are only temporarily well, With time our state will change to ill and if we are not very fortunate we will never use our health insurance as we will be dead. There is almost no way to age in a modern society without needing health care or funeral services, That is the consequence of the normal process of aging. So with health insurance schemes we, in effect, pass money from the living well to the living ill. So if health care costs increase fastr than inflation, which it has almost always done in the last half century, the temporarily well will be paying more and more. The only way to break that cycle is to somehow limit the cost increases of health care to that of the inflationary increase. Eigen has argued that most of us focus on the wrong problem--the details of the way the well pay for the ill, when the only soltuion is to reduce the rate of increases of health care costs. And there are only 2 ways to do that: Reduce the compensation for all the health care actors--physicians, nurses, other staff, hospitals, and manufacturers of medical equipment, supplies and expecially pharmaceuticals which have been increasing at the fastest rate of all or wer privide more and more effective prevention.
