Pipes - Government prevention programs don't reduce health care costs
Yet government increasingly seeks to regulate personal behavior in the name of reducing medical expenses. She warns: "Today's soft-serve despots are yesterday's prohibitionists."
Pipes - We don't need more government to insure poor Americans
In fact, genuinely poor Americans are covered by existing programs, though design flaws — such as low reimbursement rates — discourage doctors from accepting Medicaid patients. "The last thing these people need is more and larger government health care programs — which after four decades of trying, have proven to be incapable of providing a level of care that's comparable to what's available through the private sector."
Pipes - Importing drugs would not reduce health care costs
mporting pharmaceuticals from government-run systems really is importing drug price controls rather than drugs. Anyway, Ms. Pipes notes, when people claim medicines are cheaper overseas, "they're referring to a very narrow category — brand-name drugs that have been approved and price-controlled by foreign governments." Even in the best case, the practice isn't going to save much money.
Pipes - Having government require that all people buy insurance will not result in universal coverage
Ms. Pipes reviews the dismal experience of states that have proceeded down this road, urging advocates at least to "be honest about the sacrifices required: Higher taxes, forced premium payments, one-size-fits-all policies, long waiting lists, rationed care, and limited access to cutting-edge medicine." This is no health care answer for America.
Price Elasticity of Demand
A measure to show responsiveness of the quantity demanded of a good or service to a change in its price.
Income Elasticity of Demand
A measure of the relationship between a change in income and a change in quantity of a good demanded