IBCoupe wrote:Stebo, we have anti-trust laws already. How do they deal with monopolies?
I dont know, I'd like to know as well. Ive never been in the position of having a monopoly, so I've never been contacted by anti-trust agents. LOL
Still anti-trust, if I'm not mistaken, is a measure to limit merging of companies to prevent monopoly situations. i.e Donald Trump cant buy all the cellphone providers, and make one cell phone company. But how is a naturally occurring monopoly dealt with? Well first of all, patents protect monopolies, to an extent, so that the developer can make money for a period of time before the counterfeitters roll into town. Whats nice about the market, is it naturally gravitates toward competition. Once one person comes up with a solution to something, others will as well, even immediatly in alot of cases, in some way to avoid patent infringement.
IBCoupe wrote:And, no. Single payer (government paying hospitals) is not the otherwise of single provider (government running hospitals). I don't know who told you that, but they're lying. One is Medicare/Canada, the other is (if I'm not mistaken) England.
Thats not what I mean. I mean that if you have one payer, its conversely similar to having one provider. In other words, say one Company A makes widgets and sells them, and they are the only ones, and everyone HAS to have a widget to continue living. Company A can charge whatever they like for the widgets, they are the only source. In the same way, if Customer B is the only purchaser of widgets, they are the only company every buying widgets. Customer B can say, "gosh you know im only paying X for these, and i'm sorry it cost all you guys Y to make them, but well, thats how it is". Only what happens next? Companies start to shut their doors, and stop making widgets, because its suddenly become bad business.
Thats the danger with single payer health care, and in fact, some doctors have already made it clear, when faced with a decision to work at a loss based on low balled single payer rates, they'll just retire early and hit the beach.