Re: Take Three (Mickey Kaus & David Frum)
Health care providers are overpaid. That's because the laws of the free market don't apply to the health industry especially when the supply side is rationed (as it is in the US). Health care is like food: it's non-optional. You cannot choose not to have your appendix removed when it's inflamed. You would sell every possession you own if need be (since the alternative is death). Food, however, is abundant and comes with infinite choices. But if your appendix hurts, you cannot say, well I can't afford to have it removed so I'll get my tonsils out instead. Ergo health care should be regulated.