Re:Four Reasons a Guaranteed Income Won't Work
by philwelch on Friday December 06, 2013 @10:34PM
(#6865355)
Don't be foolish. If letting people die in the streets when they got cancer was a viable option, letting people die in the streets of starvation would be too and you'd have no rationale for a basic income.
Private health insurance is much more expensive per-capita than Medicare and Medicaid and you would have to increase people's basic income to be able to afford it. Except that wouldn't work for people with preexisting conditions--they would be left to die in the streets. You'd have to regulate health insurance companies to accept everyone, but then no one would buy health insurance until they were already sick, at which point everyone has to buy health insurance, at which point you might as well implement the Canadian system because that's already less costly, per capita, to the federal government alone, than Medicare and Medicaid are.
Private health insurance is much more expensive per-capita than Medicare and Medicaid and you would have to increase people's basic income to be able to afford it. Except that wouldn't work for people with preexisting conditions--they would be left to die in the streets. You'd have to regulate health insurance companies to accept everyone, but then no one would buy health insurance until they were already sick, at which point everyone has to buy health insurance, at which point you might as well implement the Canadian system because that's already less costly, per capita, to the federal government alone, than Medicare and Medicaid are.