Monday, March 22, 2010

Seeing the Future of Health Care, and It's Not Pretty

Roger Abramson provides an extended quote from Scott Gottlieb that I think gets it right. Read it here. This expensive new health care entitlement will in short order become an example of government finding new and more cumbersome ways to fix problems that it will have first created.

The only thing that he leaves out: the trend, already started, of some physicians, particularly primary care doctors, to move toward "concierge medicine" (that is, practices that decline to accept payments from private insurance or government programs, but that instead offer enhanced care to patients paying an annual fee) will continue to accelerate. Those who can afford to receive care from such alternative providers will do so.

The Oracle is furiously saving his pennies with that option in view.

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