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Comment on Their Baby Died in the Hospital. Then Came the $257,000 Billparent

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That's incredible. Many people say we need free or heavily subsidized healthcare. I disagree, we need to remove legislation from healthcare entirely and let the free market figure things out.

A true free market is where someone can hold a gun to your head and make you pay them whatever they want, and you gladly do so because you got rid of all the police who could stop them. In a true free market, the guy with the biggest gun and the most money can buy everyone else out, so that he now has a complete monopoly.

You don’t really want a true free market. You want a market with full price transparency. You want a market with lots of competition, and where no one in the market can get an unfair advantage over anyone else. And that only happens if it is a well-regulated market, which is a lot like a well-regulated militia.

I never said I wanted full laissez faire capitalism. I just want the healthcare market to have the same ability to operate in our current "free market" as other private businesses do.

Usually when people say something regarding the "free market" they aren't calling for abolition of the government in it's entirety unless they explicitly mention such, but loosened legislative measures taken on a specific segment of the existing market.

I think Europe does it well. You have two models there: one is subsidized by taxes and the other one is commercial, with either direct access (pay for visit/procedure) or commercial insurance. So basically people have a good choice of options. They can rely only on state healthcare (which is great in some countries and less so in others - but they don't have to pay), or, if they wish to do so, they can also use commercial facilities where any visit/procedure will usually happen quicker.

This system works relatively well and is particularly good in case something goes wrong and you need to spend some substantial time in hospital. And if the worst happens, you get the comfort of knowing that even though your family will lose a part of the income coming from your work, at least they won't end up in huge debts from medical bills.

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