Tuesday, September 22, 2009

Galt watch

Just watched this video mocking health insurance executives. Can you believe it, these people have the audacity to earn a profit. Well, in an area that is already so highly regulated, I won't go so far to assume that all the profits go to those who most deserve them, but who knows. What seems clear, though, is that the argument favoring government provided/subsidized health insurance is ignoring health care providers. How long will people put up with the ridiculous hours and sacrifices necessary to work as doctors and nurses only to have their rewards diminished by bureaucrats? How's this for an unintended (on its face, at least) consequence: make health care so cheap that no one wants to provide it.

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