TheRealMafoo on 09 March 2010
| FootballFan said: One thing i don't understand with American health care. Why is it that American's refuse to pay high prices for consumer good and manufactured products...resulting in a lower price! Gas general food etc etc etc (Which is awsome,just enter a Walmart to see that) But yet with Health Care the prices are astronomical in comparison with other non national health care countries! Why hasn't the price being slashed like everything else? |
Because unlike the free market, we do have socialized medicine. In places like Walmart, if you have no money, you cost them nothing (unless you are breaking the law).
If I open a hospital, I by law have to take care of anyone who walks in with a life threating issue. I also have to worry about the people who don't, but could, so I treat most everyone. This cost hospitals millions of dollars a year for costs they will not recoup. The way the compensate, is charging everyone else more to cover those that don't pay.
If anyone who was hungry walked into Walmart, and they had to feed them by law, they would cost a fortune too.
Because unlike the free market, we do have socialized medicine. In places like Walmart, if you have no money, you cost them nothing (unless you are breaking the law).
If I open a hospital, I by law have to take care of anyone who walks in with a life threating issue. I also have to worry about the people who don't, but could, so I treat most everyone. This cost hospitals millions of dollars a year for costs they will not recoup. The way the compensate, is charging everyone else more to cover those that don't pay.
If anyone who was hungry walked into Walmart, and they had to feed them by law, they would cost a fortune too.
