Thursday Highlights

Good morning.

  1. Standard liberal media treatment of the current (and likely next) violent attack.
  2. Baptism.
  3. Look at anything closely, you get confused (that is you realize how little you really know about how the universe works). Latest example, Mercury.
  4. Obamacare mandate and Lochner.
  5. Troll of the court meets his, err, or rather, a fate.
  6. In recent discussion on contraception and Ms Fluke … I suggested the left might go after the prescription monopoly instead. It was suggested this was a chimerical notion, nobody was talking about that. Untrue.
  7. Deferred payments not deferred so much.
  8. Our nanny state, shutting down private charity.
  9. Savings.
  10. Progressives for federalism.

4 responses to “Thursday Highlights

  1. Prescription monopoly? Maybe if there was only one doctor who could write prescriptions in the US but last I checked there were thousands. You seem to be operating under the impression that prescriptions make drugs expensive because you rarely see over the counter drugs that are expensive but there are many script ones that are pricey.

    But expensive drugs are expensive because they have dramatic effects on the body and are protected by intellectual property laws. Many over the counter drugs are based on long expiried patents or rather undramatic impacts on the body (although this can change, I believe some alergy medication is over the counter now but still expensive because it works well and is protected against generics by intellectual property).

    This has nothing to do with health coverage, though. You can make all drugs over the counter and you’d still have expensive drugs which would be covered all or in party by health insurance. The question of whether it makes sense to make all drugs OTC then hings no on health insurance coverage IMO but on safety.

  2. Boonton,
    So … write yourself a prescription.

  3. 7.Deferred payments not deferred so much.

    The gist of it is a rant against community rating…..which is rather odd….

    Simple insurance means everyone gets charged more or less the same premium and the premium will basically be the total of everyone’s medical expenses divided by the number of people. Now if you are allowed to dump sick people from this pool, or people more likely to be sick (i.e. old), you can generate a lower premium for those who are left behind. But that doesn’t actually create any value. The people who will get sick will still get sick.

    So say you have a system where private insurance can use the premiums to price out the sick people. So the 24 yr old can easily buy insurance but the 49 yr old has a tougher time doing so. OK, the 24 yr old has lower premiums but since the 49 yr old is still going to get medical care, which has to get paid for one way or th eother, when he suddenly feels chest pains, the total cost born by the system is still the same. How much of a real difference is there if you can buy insurance for $3,000 a year but have a $5,00 tax to take care of those who are priced out of the market versus buying insurance for $8,000 in a market where no one is priced out?

    Furthermore since the 24 yr old is, if all goes well, going to be a 44 yr old in 20 years, there’s no actual net benefit to him. If you set the system up so that 24 yr olds can get cheaper rates than 44 yr olds, that’s great if your plan is to die before you turn 30, not so great if you hope to see 44 as much as 24. Otherwise the current system is at best a wash for the normal individual person who will exist not in just one time period but multiple time periods.

  4. So … write yourself a prescription.

    OK say I write myself a prescription for a very expensive cancer drug that costs $5,000 per month. What does that have to do with health coverage? Even if I could write the prescription directly without having to get an oncologist to do so the drug still costs money. Being able to self prescribe says nothing on the issue of whether or not its covered.

    Again why are you unable to tell the difference between health care and health coverage?

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