As health care costs threaten more and more of our economy, various methods of addressing the challenge have been proposed, the Ryan plan for Medicare being one of the best known. In this plan, the Medicare system is revised to provide seniors with a fixed voucher to cover insurance premiums purchased through the private sector. When the voucher is used up, patients will have to pay out of personal funds.
Clearly, the well-off will be able to afford more care after the voucher is gone. Is this right?
This blogger believes that the quality of some things should vary with wealth:
- the well-off should drive nicer cars
- the well-off should wear nicer clothes
- the well-off should eat at fancier restaurants
But some things should not vary with wealth:
- fire protection
- water quality
- food safety
So here is the question- should the amount and quality of health care a person receives vary with wealth? What do you think?