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Try blaming Obamacare for this

February 19, 2014 - Harry Eagar
The New York Times unearths a curious story about increasing health expenses.

It is an interesting problem for free-marketeers. If you have a little-needed product that can be produced for about $50, how do you make money?

Of course, if you raise the price to $28,000, it becomes rather easier to get into the black.

If you have a captive market.

You know who make good captives?


While it looks as if this particular scam has added mere millions to the nation's health care costs, a similar dynamic works with some vaccines (and other low-cost, high-impact nostrums). The public benefit is enormous but it is impossible to achieve it via a market.


Article Comments



Feb-27-14 5:45 PM

Out of 50 States, Hawaii I assume is the only State that required employers to offer Health Insurance to workers. Maybe other States should take notes.


Feb-19-14 11:10 PM

Seems the 1% have a hand up some conspirators posterior motives.. Some even pulling their strings for President Obama's ACA to fail since it will take away profit from providers and companies who have to pay for Employee Health Insurance.

I feel the need to get rid of useless unions who in the beginning demanded Health Insurance for part-timers. Now union members pay union dues and part of Health Insurance while union reps get to keep their pay raises with no loss of their benefits . So does those in Congress.


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