So if the businesses make no more money how will the invest in R&D for new medication? Im not advocating pure capitalism but businesses have to make some profit.
I agree that the more socialsist systems work better atm but this does not include development of new medication and equipment. Would you want that in gov hands too?
>Im not advocating pure capitalism but businesses have to make some profit.
Agreed. Which is why health care shouldn't be a business. It leads to perverse profit incentives and it's an inelastic market in any case (you can't "opt out" of care for a heart attack).
>Would you want that in gov hands too?
Not in US government hands, no. But more competent governments could certainly handle this via grants (in fact, I think even the US does this to some degree), etc.
I agree that the more socialsist systems work better atm but this does not include development of new medication and equipment. Would you want that in gov hands too?