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1 posted on 03/18/2013 8:35:03 AM PDT by Kaslin
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To: Kaslin
The 3rd party payment system is perhaps the most potent driver of runaway healthcare spending.

Many leftists accept, in the abstract, the notion that scarce resources should be allocated to those who need them the most. What they (and all too many Republicans) fail to grasp is that not only does a person's willingness to pay for something correlate very strongly with need, but it is far less corruptible than other metrics. Those who outbid everyone else for scarce resources get the resources, but have to pay for them. Those who don't bid high enough to get the resources are compensated by not having to pay for them, and will consequently have more money with which they can bid on other things.

Allocating things based upon willingness to pay thus gives people a major incentive to minimize their need for scarce resource. Conversely, many other allocation methods reward those who try to maximize their real or apparent needs. Policies which reward need will beget more need, to the point that demands become insatiable. Only if policies reward those who minimize need, can needs possibly be met.

43 posted on 03/18/2013 4:15:14 PM PDT by supercat (Renounce Covetousness.)
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To: Kaslin

either pay your way in life or lie down and die!!!

No one owes anyone anything!


45 posted on 03/18/2013 8:49:48 PM PDT by dalereed
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To: Kaslin
Interesting, with so many professional vocations being threatened with cutbacks and diminished salaries, one specific profession manages to thrive no matter what happens to the rest of the economy.


46 posted on 03/18/2013 9:06:11 PM PDT by Bratch
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To: Holly_P

Hey Holly, some people think you make too much money!


47 posted on 03/18/2013 9:06:15 PM PDT by Graybeard58 (_.. ._. .. _. _._ __ ___ ._. . ___ ..._ ._ ._.. _ .. _. .)
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