Massachusetts goes for price controls on doctors

Topics: Health
10 Jun 2010

From: Ervan Darnell

Massachusetts is threatening to revoke doctors' licenses if they refuse
to accept (below market) Medicare rates [1]. This seems like an
inevitable consequences of socializing health care: demand goes up
because it's "free", then prices rise, voters complain, and having no
solution except freedom, which is anathema to government, they respond
with price controls instead to trying enslaving doctors. The
consequence will be a shortage of doctors in the future, by early
retirement, others refusing to enter the field, refusing to work longer
hours. Supply goes down and prices go up further, except the economic
price is fixed, so prices rise in time, i.e. waiting lines. We get less
care and pay for it less efficiently (since squandering one's time is
worse than working productively and then spending the money as you see fit).

Obamacare is headed the same way.

------------------
[1]
http://rangelmd.com/2010/04/massachusetts-to-force-doctors-to-accept-medicaremedicaid-or-lose-license/

--
Unsubscribe: kelvinistragnar+unsubscribe@googlegroups.com
http://groups.google.com/group/kelvinistragnar?hl=en

Home