Healthcare From Now On

Americans have opted for mandatory health insurance and are treating it as universal healthcare. Do not expect an increase in the level or quality of actual healthcare in the country. As a patient you may have already noticed that the utility of a visit to your doctor has decreased and is continuing to decrease further with every passing day. This is because your doctor is dealing directly with your insurance company and only indirectly with you as a patient. Your doctor’s bottom line is determined by his relationship with your insurance carrier and not you. A doctors income is greatly enhanced by accommodating the goals of the insurance companies he works and hardly at all by accommodating you as a patient.

A doctor is not likely to diagnose a problem that is not profitable to treat. From now on, your treatment will be based more on equilibriums physicians and insurance companies establish with one another and less by what you need as a patient.

When free markets are abandoned, good will disappears along with them. Expect high costs and poor results until the inevitable happens. Patients will eventually find successful ways to deal with their health issues. Rigged markets always unravel and healthcare will unravel also. In the short run unsuspecting patients will be easy to exploit. Over time, alternatives to mass market medicine will emerge. Do I know what the alternatives will be? No, but I do know how markets function and that market influences never completely disappear when they are stifled.

Remember the days of the only phone company in town? The development of the mobile phone changed all of that. Something of that nature will happen in medicine. You can count on it.

For now though, expect conditions to go undiagnosed or mis diagnosed. Expect to pay a lot and get very little.

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About Fantasy Free Economics

James Quillian independent scholar,free market economist,and teacher of natural law. Who is James Quillian? Certainly I am nobody special, Just a tireless academic and deep thinker. Besides that, I have broken the code with respect to economics and political science. Credentials? Nothing you would be impressed with. I am not a household name. It is hard to become famous writing that virtually no one in the country is genuinely not in touch with reality. But, if I did not do that, there would be no point in my broking the broken the code. If you read the blog, it is easy to see that there are just a few charts, no math and no quantitative analysis. That is not by accident. Given what I know, those items are completely useless. I do turn out to be highly adept at applying natural law. Natural law has predominance over any principles the social science comes up. By virtue of understanding natural law, I can debunk, in just a few sentences , any theory that calls for intervention by a government. My taking the time to understand the ins and outs of Keynes General Theory is about like expecting a chemistry student to completely grasp all that the alchemists of the middle ages thought they understood in efforts to turn base metals into goal. Keynesian theory clearly calls for complete objectivity. Government can only make political decisions. Keynesian techniques call for economic decisions. So, why go any further with that? Fantasy Free Economics is in a sense a lot like technical analysis. Technical analysis began with the premise that it was impossible to gain enough information studying fundamentals to gain a trading advantage. Study the behavior of investors instead. Unlike technical analysis, I don't use technical charts. What I understand are the incentives of different people and entities active in the economics arena. For example, there is no such thing as an incentive to serve with life in the aggregate. In the aggregate, only self interest applies. It is routinely assumed otherwise. That is highly unappealing. But, I am sorry. That is the way it is. I can accept that because I am genuinely in touch with reality. Step one in using Fantasy Free Economics is for me to understand just how little I really know. A highly credentialed economist may know 100 times what I do based on the standard dogma. Compare the knowledge each of us has compared to all there is to know and we both look like we know nothing at all. There is always more than we don't know than what we do know. I am humble enough to present myself on that basis. Why? That is the way it is. I am not bad at math. I have taught math. What I understand is when to use it and when to rely on something else. Math is useless in natural law so I don't use it. While others look at numbers, I am busy understanding the forces in nature that makes their numbers what they are. That gives me a clear advantage.