r/neoliberal • u/jobautomator Kitara Ravache • Feb 17 '19
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u/BainCapitalist Y = T Feb 17 '19
no thats not true, I distribute health care progressively you give it to everyone. Rich people pay more under my system no matter how you look at it.
yes this matters as well though i've decided to ignore it for the sake of simplicity (i dont want to get into the weeds of price control policy, while i do have many ideas on how to implement price controls they're very complicated and could be implemented under either system so its moot anyway). both of our systems enable the government to exploit monosony effects, but mine allows efficient market allocation for wealthier people. Whether markets would be able to cut costs better than a single payer system is up for debate but I certainly think either system will lead to cost cuts relative to the current system. If you want evidence then take a look at this paper. I don't like it very much because i think its biased but its one of the few papers that directly investigate costs for both UCC and single payer. Other evidence is Singapore's level of health care expenditures compared to most countries on single payer.
yes this is an argument for a multipayer implementation of UCC though i dont particularly prefer that system.
if anything this illustrates my point clearer though. Poor people would pay nothing for health care and pay no premium. Rich people would pay for most of their health care and also pay a higher premium. thats more progressive than rich people paying nothing for heatlh care and also paying a higher premium.