In his WSJ column today, William McGurn takes a look at the health care system in Singapore, which features individual health accounts, competition, and open pricing. It’s not the laissez-faire ideal, but works a lot better than the US system currently does. McGurn reports that the cost of typical surgical procedures are less than a third of what they cost in the US. The people of Singapore spend about 4% of GDP on health care versus 17% here, yet has better health statistics on life expectancy, infant mortality and other important measures.
Why not have a “national conversation on health care” allowing for a thorough exploration of alternatives such as Singapore’s? The answer, of course, is that the know-it-alls in the Obama regime, starting with the Beloved Leader, can only think in terms of increasing government domination of everything. The idea that freedom might work better never occurs to them.
