April 15, 2009

Health care reform

Arnold Kling makes an interesting point about government run health care here:

[I]magine that the best hope is a treatment that costs $100,000 and offers a chance of success of 1 in 200. Would I want her to get that treatment? Absolutely.

But look at the issue from a rational, bureaucratic perspective. You have to treat 200 patients at a cost of $100,000 each in order to save one life, for a cost per life saved of $20 million. Is that what a rational bureaucracy would do?

A rational bureaucracy would not even tell the family about this treatment option. But I think that in the American culture regarding medicine, I would find out about it.

He's right, of course, but misses out on one fundamental point: Those who would institute such a government-run, bureaucratic-drive system are not rational.

1 comment:

TOTWTYTR said...

Don't forget the "special hospitals" that they will have access to where cost is no object and only the best will do.

While the rest of us will have to make do with what largess they decided we deserve.