Saturday, March 10, 2007

Recommended Read

The recommended read of the day, via Slate-

Would You Privatize Defense?: The case for socialized medicine, Part 1.

The basic argument/scenario-
Suppose the national defense of the United States were relegated to the private sector. Instead of the publicly funded Army, Navy, Air Force, and Marines, the country would be defended by private militias funded mainly by insurance companies. In the event of foreign attack on U.S. soil, the militias would defend those citizens in the affected areas who'd paid defense insurance premiums through their places of work (or, if self-employed, as individuals).

The best-armed troops would defend the wealthiest and most hawkish segments of the population, who would have paid the highest premiums.

The less-wealthy and more dovish customers who'd chosen a less-generous policy would likewise be defended against attack, but they could expect to pay heavily out of pocket because their insurance would only cover costs for weapons and manpower above a fairly high deductible. The doves' militias might or might not call in air support, knowing the insurance company would pay for it only in the most dire circumstances—difficult to calibrate as bombs are dropping all around you. Or perhaps these troops would belong to defense maintenance organizations (DMOs) that blended defense and insurance functions. If so, the soldiers would be required to follow strict protocols that would likely forbid not only air support but also the use of tanks.

Poor people and outright pacifists would buy no defense insurance at all, and therefore would end up being saddled with ruinously large debts to private militias they'd chosen hastily after the invasion was under way. Alternatively, these individuals might simply say the hell with it, wave a white flag, and surrender....

...Bottom line: A market approach to national defense would give us a lousy national defense.

And yet this is how we run our healthcare system. At least we know where our priorities lie.

It's worth reading in full. Food for thought.

0 Comments:

Post a Comment

<< Home