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20 April 2011

Why, yes, I Would Like a 'Free' Golf Retreat to the Bahamas!

Paul Krugman wants medical doctors to decide what Medicare will cover and what it will not because insurance companies have a perverse incentive to allow unnecessary stuff to be covered so they can profit and Congress is in the pockets of many of those insurance companies and can't be trusted to make decisions that are in their constituents' best interests. I think he is right about Congress and the insurance companies, but he gives doctors a lot of undue credit. If we've learned anything from the explosive growth of Big Pharma over the last few decades it is that doctors--as much as our elected officials--are beholden to corporate interest.

The solution is simple: eliminate corporate financial influence at all levels of the government and in all sectors of the medical field.

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