Those who want the government to provide healthcare are right – and wrong. Those who want to turn things over to private markets are right – and wrong. And each “camp” is wrong to excoriate the other camp. Further, each camp is wrong for the same reason – they do not understand and do not practice “systems thinking”. They do …
You have to wonder what the insurance companies were thinking. Many, maybe most, small businesses are struggling with cash flow issues; and we all know that. One might expect the insurance executives to be sending out the word to agents and brokers that in light of the “predatory government regulatory atmosphere,” there shall be no premium increases for small business …
Healthcare is big business and getting even bigger. I’m interested, since as a “boomer,” I will likely be up for lots of healthcare costs in the future. Luckily, I’m healthy at the moment and dealing with only minor health issues (knees hurt, cholesterol is problematic and such). Yet, despite reasonable planning, I know that a catastrophic medical problem for either …
According to some brief research, I’ve discovered that employer provided healthcare is really an accident. Apparently, the combination of advances in medical technology, hospitals in the early 20th century needing to make sure their beds were filled, and people wanting to pay a fixed amount for hospital care resulted in the formation of the precursor to Blue Cross. Wage controls …