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Wednesday, August 12, 2009
John Stossel :: Townhall.com Columnist
Big Business Goes Big for Health Care Reform
by John Stossel
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Will Congress pass Obamacare by the end of the year?

"What disturbs Americans of all ideological persuasions is the fear that almost everything, not just government, is fixed or manipulated by some powerful hidden hand," Frank Rich wrote in Sunday's New York Times.

That manipulation should disturb us. But contrary to Rich, it is not the work of "corporatists" who have sprung up to attack progressive reforms proposed by Obama and the Democratic majority. Manipulation is what we got many years ago when we traded a more or less free market for the "progressive" interventionist state. When government is big, the well-connected always have an advantage over the rest of us in influencing public policy.

Observe: Although President Obama and big-government activists demonize health-insurance companies, the companies "are still mostly on board with the president's effort to overhaul the U.S. health-care system," the Wall Street Journal reports; and ...

Although the activists criticize Big Pharma, "The drug industry has already contributed millions of dollars to advertising campaigns for the health care overhaul through the advocacy groups like Healthy Economies Now and Families USA. It has spent about $1 million on similar advertisements under its own name," the Times reports.

Big Pharma and Big Insurance want Obama-style health-care reform?

It's not so hard to understand. "The drug makers stand to gain millions of new customers," the Times said.

And from the Journal: "If health legislation succeeds, the [insurance] industry would likely get a fresh batch of new customers. In particular, many young and healthy people who currently forgo coverage would be forced to sign up." No wonder insurers are willing to stop "discriminating" against sick people. (Forget that the essence of insurance is discrimination according to risk.)

Not that Big Pharma and Big Insurance like every detail of the Democratic plan. Drug companies don't want Medicare negotiating drug prices -- for good reason. If it forces drug prices down, research and development will be discouraged. (Depending whom you believe, Obama may or may not have agreed with the drug companies on this point.)

As for the insurance companies, they worry -- legitimately -- that a government insurance company -- the so-called public option" -- would drive them out of business. This isn't alarmism. It's economics. The public option would have no bottom line to worry about and therefore could engage in "predatory pricing" against the private insurers. Continued...

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About The Author
John Stossel blogs at http://blogs.abcnews.com/johnstossel/ is an award-winning news correspondent and author of Myths, Lies, and Downright Stupidity: Get Out the Shovel--Why Everything You Know is Wrong.
 
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©Creators Syndicate
Capitalists against capitalism
Time for another lesson in Political Realism 101: Today's lesson is about why capitalists, as Stossel notes, are not big defenders of the free markets. The answer is simple: No one really wants to be operating in a truly free market if they can find some way to avoid it. Large corporations have the power to influence government and will work cooperatively with it to benefit themselves. Professionals of all sorts have licensure, degree or training requirements to limit competition. Teachers have tenure, etc. Now libertarians can whine about this all they wish, but the fact remains that the defenders of the free market are either (a) people who think it sounds really, really awesome or (b) academic economists (who have tenure anyway).

Now the libertarian nostrum for this is to downsize government. This won't work because sometimes next week (if we downsized government this week) everyone who stands to benefit from a vast array of public policies will work together to pump government back up again.

Food for thought: if the capitalists really don't want capitalism, maybe we should think about their reasons why. As the Objectivists love to say, check your premises, to which I add, especially if you're a knee-jerk believer in the free market.

Caprock2
Perhaps you could list the page(s) showing that which you proclaim to be true.

A provision for consultation between patient and medical professional when the patient is concerned with end-of-life issues has been part of Medicare for nearly 20 years.

The patient initiates the contact and acts upon it if it fits the patients needs.
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