Quote:
Originally posted by Atticus Grinch
The left's proposition that certain policy goals are more effectively obtained by government programs than incentivized private sectors
|
Do you really think that about health care? The rest of the world by and large gets to free ride off the medical innovations that are developed in the US because the companies are willing to invest R&D because of the return on their investments that they can get in a capitalist system. Take capitalism out of the US healthcare system and significantly reduce the profits that can be earned and medical innovation will come to a screeching halt.
Drug costs are high in the US because these companies cannot recoup very much of their R&D in socialist countries because of the price controls. The rest of the world enjoys the fruits of what the American health care consumer pays for.
Do you know how they keep drug costs down in Canada and Europe? They threaten to void a patent or compulsory licensing if the manufacturers refuse to sell the drugs at the price that the single payers want to pay for them. That is why the drugs cost more here - we have a takings clause in our constitution and that cannot be done in the US without just compensation.
I wouldn't want to need a heart bypass operation in Canada. And if you are over 70 and need dialysis in Europe, good luck getting that.
