Another predictable outcome of government-run healthcare is that of shortages.
The reason is simple. Excessive regulation, pressure to keep prices artificially low, and reimbursement limitations all drive manufacturers and providers towards other businesses.
That’s simply due to human nature. If a given craft or business doesn’t provide a decent profit for the level-of-effort required, sooner or later people involved will simply become fed-up and will do something else.
What’s that you say? It won’t happen here with US healthcare?
Think again. It’s already happening.
Remember that prescription drug shortage that began a couple of year ago? Well, now it’s looking to be a persistent if not permanent part of US healthcare.
Yes, the issue has many causes. But among those causes is manufacturers leaving the market.
Temporary shortages are a reaction to a temporary market imbalance. They’re generally controlled by temporary price rises, followed by increased production.
But chronic shortages show a structural problem. And I’m willing to bet that here it’s largely a self-inflicted issue due to excessive regulation and/or government control.
Get used to such things. Under AHCA, I’m guessing you’ll be seeing shortages like this in all healthcare fields in a few years, not just prescription drugs.
‘Cause when there’s only so much money to go around and an unlimited demand for free stuff, well . . . .