[quote name='Clak'] For example, we don't really need more drugs for ED. ...
[/QUOTE]
Why ya gotta go and make it all personal. Its not like I'm addicted to Tramadol. I can quit at anytime
Edit : Yeah I derailed this...
[quote name='egofed']
"Policymakers should consider the impact of reform proposals on innovation. For example, proposals that increase spending on diagnostics and therapeutics could encourage such innovation. Expanding price controls, government health care programs, and health insurance regulation, on the other hand, could hinder America's ability to innovate."
Apologies accepted;-)[/QUOTE]
If you read the PDF document , they arent advocating an all or none policy (which is actually surprising for Cato)
Cato is talking about a balanced approach.
For example, proposals that increase spending on diagnostics and therapeutics could encourage such innovation. On the other hand,
imposing price controls on pharmaceuticals
and health insurance would tend to reduce innovation
I would say again : The aspect of price controls towards insurance providers are fairly loose. (This Policy Paper was written in 09) So when they're talking about imposing price controls , its a little inaccurate.
It also cites Massachusetts as a failure (which doesnt surprise me at all about Cato) If you're open minded , you'll note the failures in that state run system center around the free market: Taking on the role of controlling costs is the best angle for us.
Nobody can ever explain why we've never based our healthcare on results. We do that with everything else. .. You do it with your Car and your home appliances....
The point that America has generated the greatest innovation in Cancer treatments , but havent seen any results towards actual Cancer Patients and eradicating the disease is moot.