raghu wrote: > > > Maybe there is a basic problem about using insurance to provide health > care. By definition insurance is about protecting people from > unpredictable rare events. In health care, the service requirement is > neither really rare nor unpredictable. It is not surprising that the > economics of the insurance industry should fail under such conditions.
Perhaps the following is a failure of imagination on my part rather than an accurate assessment of reality, but it seems to me that a precondition for any workable medical care system in the u.s. is breaking the political power of the insurance industry _and_ of the pharmaceutical industry. And I can't imagine that happens except under conditions of popular unrest which would constitute _some_ threat to the very survival of capitalism as such. Carrol > -raghu.
