Wednesday, June 26, 2019

Congress doesn't do health care anymore.


NHPR ran a long piece on health care yesterday.  They decried the cost and number of un insured.  It sounded terrible.  In this half hour (one hour?) piece they never discussed some things we could do to make things better. 
    First off, we could allow importation of drugs from any reasonable first world country, Canada say, and Britain and France and Germany and some others.  Somalia and Bangladesh need not apply.  Drugs overseas, often of American manufacture, are a lot cheaper than the same drugs in the US.  Why you ask?  Overseas health authorities bargain over price with Big Pharma, or in some cases have the authority to set prices.  Whereas here in freedom loving USA, Medicare and Medicaid are forbidden by law to bargain for a good price on drug purchases.   For that matter, we could rewrite those no-bargaining laws; all they do is increase Big Pharma’s profits. 
   Secondly we could allow health insurance companies to sell policies in all 50 states, no extra paperwork required.  Right now each state requires all insurance companies, in state or out of state, to submit endless paperwork to the state health authority.  The process is so bad that a lot of insurance companies just don’t bother with smaller states like New Hampshire.  This is why New Hampshire only has TWO health insurers.  Talk about opportunity for price gouging. 
   Both of these ideas require federal laws.  And Congress doesn’t pass federal laws any more, nowadays all Congress does is investigate (harass) Trump.   Which is amusing, but it does nothing to reduce health care costs.  Right now, the US spends TWICE as much on health care as any other country in the world and US health is no better than any other first world country.

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