This post popped up in my in box and I gave it a quick read and went on but then I started thinking some more about it..... of course the abortion industry is fighting hard to get the govt. to mandate the payment of abortions by Obamacare and third party payers......for many reasons....one being that the price can skyrocket and their pockets can be fully lined at tax payers expense..... some excerpts belowI just ran across another example, and this one could be important since it may resonate with those who normally are very suspicious of free markets. As the chart from the Alan Guttmacher Institute shows, the price of an abortion has been remarkably stable over the past 20-plus years. Let’s connect the dots to make everything clear. Abortions generally are financed by out-of-pocket payments. People therefore have an incentive to shop carefully and get good value since they are spending their own money. And because market forces are allowed, the cost of abortions is stable. The logical conclusion to draw from this, of course, is that allowing market forces for other medical services will generate the same positive results in terms of cost and efficiency.
The only lesson to be learned is that market forces control costs and promote efficiency and that more government spending and intervention exacerbate the third-party payer crisis.
1 comment:
"The only lesson to be learned is that market forces control costs and promote efficiency"
The author doesn't consider that there is another force controlling costs: advances in medicine. With less expensive abortion procedures and earlier detection of pregnancy and abnormalities meaning earlier, less costly abortions, the cost has dropped over the years.
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