Big Government, Healthcare IT, Our Healthcare System and the Economy

Posted on July 17, 2009 I Written By

There are a couple things going on in this country which are troubling. Two of them have to do with healthcare and the third has to do with our overall economy which is closely linked to healthcare.

Government is getting too involved with healthcare. First, they are rushing to mandate information technology (IT) which is not “ready for prime time”. Second, they are going to set up a government option for healthcare which will be subsidized by our tax dollars. This option will drive other insurance companies out of business (you can’t compete with a significantly subsidized competitor). There will then be a one payer system so we will no longer have choice. This system will be designed and run by government beurocrates (which I am not excited about) who we will be supporting through our tax dollars (higher taxes on everyone). Healthcare will be more expensive and less effective (See Medical Economics July 10, 2009, Critical Mass) AND this system will have a negative effect on small business and big business and our economy. Finally doctors will be affected in all sorts of ways (see Medical Economics July 10, 2009, Top-down, bottom-up, and medicine in the middle).

As we watch Obama and his advisors change our basic healthcare system and our basic economic system (from a small business model to a big government model), everyone should take some time to read Atlas Shrugged by Ayn Rand. The book is very long, so read the Cliff Notes!

What are your thoughts on all the changes going on right now, from the changes in our healthcare system to the mandates for electronic medical records. Who is going to pay for all this? Who is going to implement all of this? Is it going to work? Are we doing a big experiment (with our whole healthcare system and our whole economy) without doing smaller experiments to see what will happen?