Saturday, June 28, 2014

The Bureaucratic Healthcare Beast

By Chris Rossini

The U.S. government bureaucracy is so massive that it's impossible to wrap your mind around it. Wait you read this mouthful....apparently there's something called The Office of the National Coordinator for Health Information Technology!

This 'thing' conjures up "visions". Here's a sample of its vision for all of us:
“all individuals, their families, and care providers should be able to send, receive, find, and use health information in a manner that is appropriate, secure, timely, and reliable.”
Government, even in its wildest dreams, cannot possibly create anything like this 'vision'. It does not operate with the profit & loss signals that private entrepreneurs use to allocate resources. Government is always flying blind, and creating mountains of waste as it does so.

After dealing with government's many bureaucracies, have you ever walked away thinking: "Boy, that was appropriate, secure, timely, and reliable"?

Of course not! The feeling is always the exact opposite. You want any dealings with the bureaucrats to be over as soon as possible!

Going back to above "vision"...Guess how much time the bureaucratic beast is allocating to accomplish it...

10 years!!!

Were there a free market in healthcare, entrepreneurs could achieve it in no time (assuming consumers actually desired it). We'd be sending, receiving, and finding health information yesterday!



Chris Rossini is author of Set Money Free: What Every American Needs To Know About The Federal Reserve. Follow @chrisrossini on Twitter.