Richard Epstein, professor of law at The University of Chicago, discusses the current proposal for healthcare reform.
He points out inconsistencies in what is been promised and what is in the bill, and makes suggestions for a more efficient health care system.
Richard A. Epstein, the James Parker Hall Distinguished Service Professor at the University of Chicago, is the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution. Epstein is also, a visiting professor at NYU Law School.
Law professor Richard Epstein gets to the reality behind the promises in Congress' healthcare reform bill. Proponents of the bill claim people who are already insured will be able to keep their current plans. This promise, he fears, is a "giant sham."
System for the advance financing of medical expenses through contributions or taxes paid into a common fund to pay for all or part of health services specified in an insurance policy or law. The key elements are advance payment of premiums or taxes, pooling of funds, and eligibility for benefits on the basis of contributions or employment without an income or assets test. Health insurance may apply to a limited or comprehensive range of medical services and may provide for full or partial payment of the costs of specific services. Benefits may consist of the right to certain medical services or reimbursement of the insured for specified medical costs. Private health insurance is organized and administered by an insurance company or other private agency; public health insurance is run by the government (seesocial insurance). Both forms of health insurance are to be distinguished from socialized medicine and government medical-care programs, in which doctors are employed directly or indirectly by the goverment, which also owns the health-care facilities (e.g., Britain's National Health Service). See alsoinsurance.
Obama stated in his health care speech -amestrib-com/articles/Full text of President Obama's health care speech/September 10, 2009 “...Some of people's concerns have grown out of bogus claims spread by those whose only agenda is to kill reform at any cost. The best example is the claim made not just by radio and cable talk show hosts, but by prominent politicians, that we plan to set up panels of bureaucrats with the power to kill off senior citizens. Now, such a charge would be laughable if it weren't so cynical and irresponsible. It is a lie, plain and simple. (Applause.)...”
“... we plan to set up panels of bureaucrats with the power to kill off senior citizens...” --- one of the first things Obama had to take care of with Americas' stimulus dollars was to give a huge amount of stimulus money to the Health and Human Services Dept. to establish a Council on Effectiveness Research - heritage.org/Research/HealthCare/Comparative Effectiveness in Health Care Reform: Lessons from Abroad Feb 4 2009 – very much like Europes', and with the people in charge of our health “care” we will have a clone of Europe's healthscare mess. --nejm-org – The New England Journal of Medicine - Saying No Isn't NICE — The Travails of Britain's National Institute for Health and Clinical Excellence November 6, 2008
This neo-democrat socialist administration denies death panels, but people that have dealt with the elderly know the elderly routinely get denied medication, and services – this will not change, and more than likely get worse, with the piece of dung that Pelosi said - pass this – then the people will like it. There are no death panels - It is a lie, plain and simple,and with more people/citizens' being honest and transparent it's getting more obvious who the cynical and irresponsible really are.
-redstate.com Obama Nominee Donald Berwick’s Radical Agenda May 12 2010 - “Any health care funding plan that is just equitable civilized and humane must, must redistribute wealth from the richer among us to the poorer and the less fortunate. Excellent health care is by definition redistributional.” - Donald Berwick
Berwick loves socialism --- he will fall right in line with the progressive socialistic/Marxist administration. PLEASE call your reps., and be critical --- we are not experiencing politics as usual --- the debate is not Democrat vs. Republican --- the debate is capitalism/private enterprise vs. socialism/marxism/totalitarian control.
Originally Posted by Linux
this man is a conservative nutjob, conservatives have no sense of logic or reason.
No sense of logic or reason????
Look, you may not agree with him but to deny his intellect and simply dismiss all conservatives is both laughable and sad all at the same time.
I urge you to read some of Professor Epstein's books. His libertarian ideas are radical, particularly to the European mindset of cradle to grave government "care" of citizens and the decadent sense of entitlement socialists have, but his arguements are very persuasive. In a nutshell, he believes that when an issue involves a decision that must be made in defense of either permitting government action, or siding with leaving a decision in the hands of the individual citizen, there had better be a damned good reason to give the government power. This is a prudent, pro-freedom position, in my view, but it expects the individual to be responsible for himself, something that most citizens in Western Europe and sadly, many American citizens have given up.
His views on private property are solid.
David Roane - In the United States, tobacco is a legal product AND the Federal Government demagogues it in the name of "protecting the children" while simultaneously subsidizing tobacco farmers. If the government were intellectually honest, they would outlaw tobacco products and tobacco farming completely. Instead they play this game and infringe on the freedoms of citizens in their use of a legal product.
He is not "anti-healthcare." He opposes government involvement in it. He makes his case against Obama's plan pretty clearly here to me. He is looking out for our liberty. How can you find fault with that?
What do you mean when you say he is "anti-discrimination?" Your statements about him make no sense, with all due respect.
Epstein...pro-tobacco, anti-discrimination, anti-healthcare...what's next? Anti-child-labor laws?
He's enough to make you forget that the US is the one of the only industrialized nations lacking universal healthcare.
It is refreshing to hear a defender of individual liberty - with all its costs, benefits and implied obligations. Professor Epstein is a brilliant man. Let's see a member of the House or Senate stand in front of a classroom of smart Law students and talk about the details of the bill, its implications and the trade offs that will be necessary. Does anyone think Harry Reid or Speaker Pelosi could do this?
I am also surprised to hear so many who have abandoned being free citizens. Am I a free man if a large portion of my hard earned, legally gained wealth is confiscated under penalty of a prison sentence? As Mrs. Thatcher so rightly said years ago, "The problem with socialism is that you eventually run out of other people's money." I'll take free markets, with all of their chaos, trade offs and risks, because of their implied voluntary nature, over the tyranny of politicians, who have been bought and paid for by corporations and other interests.
Once government seizes control of the Medical Insurance and the practice of medicine, which must go hand in hand, will costs go up or down? Will innovation increase or decrease? Decisions on life or death will not disappear. They will change hands from families and loved ones and individuals to bureaucrats, simply on economic grounds.
Please tell me, defenders of socialism - what are your responsibilities as a free citizen?
Free Markets are wonderful! BUT NOT WHEN IT COMES TO HEALTH CARE OR OUR CRIMINAL JUSTICE SYSTEM, PERIOD! Cover everyone with a basic Medicare type policy and let the free market sell supplementary plans to those who want them...There would be a huge market and everyone would have basic coverage.
Stop privatizing prisons!
This is an excellent lecture and much better than anything I've seen in the media. The line about being "free to tell the truth because I'm not running for anything" pretty well sums it up. The Republican response to the proposed legislation of the Democrats is a long way from the truth, which is that both Medicaid and Medicare have been disastrous for the healthcare system. No politician can advocate their repeal and we end up instead with leaders trying to fix the problem with more of the same. This does not bode well for our democracy.
Side note: Insanely fast download. I got 8 megabits per second speed.
About the video: I agree with the lecturer. He challenges those who think they can offer better health care options to PROVE it and enter the arena of the free market.
The government, this Obama regime, seems to boldly claim they can do better to 'service' the people but they lack any proof to evince that claim! Coverage to more people- maybe; quality of service actually delivered- less then current level with greater costs (tax payers foot the bill). Coverage does not equal benefits and innovation delivered.
The Obama crew just wants to bully others into accepting their rule and their terms for a selfish big government power grab.
Capitalism is not always smooth nor kind and gentle buts its mechanism does offer IMPROVEMENT of a system over time by free market challenges to be met. Having big government do it all is tantamount to asking for stagnation.
As Obamacare stands it takes all the flaws of the healthcare insurance system and just dumps them onto the tax payers (to say nothing of all the other Socialist angles in that monster sized proposal) without offering advancement of the system.
Tom Carper (D-Del.) said he will not read the Obamacare bill in full before he votes YES to pass it! He is on the Finance Committee! He says its too big and complicated and he aided in making parts of it! What does that tell you of the merit of the bill? It says it bloated and useless.
Do where is the free market counter (competitor's move to make profits, innovate and gain market share from the rival by exploiting the rival's errors in making the offering too complicated) action in this case? Only in the free market... If big bureaucracy (kleptocracy it seems!) steps in we are just left with Thomas Carper (D-Del.) and other's too big, too flaw and too complicated 'choice' of healthcare.
Obama lied and said this (Obamacare) gives citizens more options and choices. He in fact proposes to give LESS in the way of meaningful choices and options... This lecture explains the core basis why it is so.
Nice video! I dig it! 8-)