Originally posted by KazetNagorraPrice elasticity is destroyed by closed market with no competition, and guaranteed payment from a source other than the consumer.
I would suspect that the price elasticity of abortions is very, very low (this is true for most health care procedures - one of the main reasons why the "free market" approach does not work in the health care market). So it matters very little whether "tax money" is used to subsidize abortions or not, other than on the level of accounting and income equ ...[text shortened]... d someone who is considering an abortion really have that decision depend on their bank account?
Originally posted by normbenignThe nature of medical care itself makes price elasticity low. You're not likely to haggle over the price of a medicine that you will die if you don't get.
Price elasticity is destroyed by closed market with no competition, and guaranteed payment from a source other than the consumer.
Originally posted by normbenignYou should look up what price elasticity actually is.
Price elasticity is destroyed by closed market with no competition, and guaranteed payment from a source other than the consumer.
When a producer has a monopoly on a certain good or service, price elasticity can still be high.
Originally posted by no1marauderYour straw horse, is a small portion of total health care. In the past, this type of health care, expensive surgery or extensive hospitalization was covered by insurance, but every day care people budgeted and paid for, and there was elasticity.
The nature of medical care itself makes price elasticity low. You're not likely to haggle over the price of a medicine that you will die if you don't get.
With third parties doing almost all the paying, it is no surprise that elasticity has disappeared, and it would do the same with other commodities like food and energy, if we treated those things in the manner of health care.
Originally posted by normbenignNo, there was a shortage of necessary care, so people got sick and died earlier (lower life spans, higher infant mortality, etc. etc. etc.). Perhaps you think that's a desirable result, but I doubt the ones dying did.
Your straw horse, is a small portion of total health care. In the past, this type of health care, expensive surgery or extensive hospitalization was covered by insurance, but every day care people budgeted and paid for, and there was elasticity.
With third parties doing almost all the paying, it is no surprise that elasticity has disappeared, and it w ...[text shortened]... other commodities like food and energy, if we treated those things in the manner of health care.
Not covering preventative care is penny wise and pound foolish.
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Originally posted by normbenignHave you ever looked beyond the borders of your own country?
Your straw horse, is a small portion of total health care. In the past, this type of health care, expensive surgery or extensive hospitalization was covered by insurance, but every day care people budgeted and paid for, and there was elasticity.
With third parties doing almost all the paying, it is no surprise that elasticity has disappeared, and it w ...[text shortened]... other commodities like food and energy, if we treated those things in the manner of health care.
I really can't fathom people opposing a health care system.
What the hell is wrong with people?
Yes, you may disagree with some policies (like tax being spent on abortions or car crash victims or whatever else is somebodies personal lifestyle choice), but surely something is better than nothing.
Surely only private insurance companies can oppose it?
Have they really brainwashed such a mass of Americans???
Originally posted by shavixmirYou might try reading before posting Shav.
I really can't fathom people opposing a health care system.
What the hell is wrong with people?
Yes, you may disagree with some policies (like tax being spent on abortions or car crash victims or whatever else is somebodies personal lifestyle choice), but surely something is better than nothing.
Surely only private insurance companies can oppose it?
Have they really brainwashed such a mass of Americans???
This thread is about Obamacare being sold on the premise that the government would not fund abortions, which it does now.