Posted By: austin c @ 09/05/2008 8:31:37 PM
Comment: The Medicare only cover seniors above 65 which involves only a part of the total population of U.S. Except for Part D for drug which does not cover all the seniors, I think Medicare is a great thing to be available , the cost of medical service is controlled by the government. For general population, we should look forward for the national health insurance, which is currently praticed by many developed nations with per capita medical expense much less than in U.S. which currently has no national health insurance. the key of its success is to cut down the charges of the medical services, which has been done in Medicare with some success.
That lower cost of medical care in third world countries is because those countries don't have the burden associated with ingenuity. In other words, we have one of the highest health care costs, because this market is paying off all of the innovations.
Other countries benefit from American innovation, yet don't have to expense it. Indonesia didn't invent the X-Ray and therefore does have to pay it's cost.
Look at Japan, their cost of living is skyrocketed compared to ours because their market has to bear the burden of their innovation.
Same thing in medical costs here.
The big issue is poor research and the number of people that use brand-names instead of generics. Medicine companies are forced to provide a generic if one isn't on the market already. This was intended to curtail medical costs. Yet government insurance programs are inforcing this as much as privately owned insurance. My private insurance always forces me to buy generics if they are available and proven to work the same.
The one guy with the disability. If the medicine is the same then you're suffering from a sugar pill effect. There's no way the inactive ingrediants can make the difference. However, if there's a true medical difference in the two, then you are the anomoly, and we should give you the medicine that works.
For most people, however, the generic works just fine.








Discuss