02-09-09 - Health Care

I think it's telling that the crackpot Dean Kamen has moved into medical technology. In the US, medical technology is a great field for anyone who makes super-overpriced things that sort of work. In any open market noone would buy this shit, but when the corrupt health-industrial complex is stealing your money to pay for it, guys like Dean can make a nice profit.

BTW there are like a million things about this fucking bailout that could make me upset every day, but one thing this reminded me of is the idea of giving billions of dollars to the health care industry to modernize their records practices. WTF it's fucking private business, you are directly giving money to a bunch of fuck-heads who are wasting everyone's dollars with inefficient practices. You shouldn't have to give people money to make them adopt more efficient practices - in fact we should give them *less* money. Make health care price competitive, give the consumers more information and choice, pay less with medicare, motivate them to do more prevention by doing things like not paying for problems that could've been prevented, etc. If they are paid *less* then they will be motivated to be more efficient. (the same could be said for the auto industry, the electricity grid, power plants, etc. - the problem with these industries is they already get *too much* subsidy through their government enforced monopolies and lack of competition, so they have no motivation to modernize and cut costs and be more efficient; for example power plant companies should clearly be motivated on their own to improve efficiency).

1 comment:

Nathan said...

One of the primary benefits of requiring computerized medical records is to reduce health care costs by having a database to collect data on treatments and outcomes. The government can then use this data to reduce or eliminate Medicare/Medicaid payments for ineffective treatment options. In theory, over the long haul, this will save money and/or allow better care for a larger number of people, and therefore should pay for itself over time.

The 'real' long term fiscal problem that our country/government faces is providing reasonable healthcare. Unfortunately the healtcare complex in this country is both frighteningly inefficient and terrifyingly powerful, so I expect change to be slow and painful.

I definitely agree with your main point about there being a million things to not like about the stimulus bill though.

old rants