ObamaCare is a Trojan Horse for Socialized Medicine: Why Medicare-style insurance will kill our health care system

Milton Friedman on Health Care: "Nobody spends somebody else's money as wisely as he spends his own"
  • "Third-party payment has required the bureaucratization of medical care. ... A medical transaction is not simply between a caregiver and a patient; it has to be approved as 'covered' by a bureaucrat. ... The patient has little ... incentive to be concerned about the cost since it's somebody else's money. The caregiver has become, in effect, an employee of the insurance company or, in the case of Medicare and Medicaid, of the government. ... An inescapable result is that the interest of the patient is often in direct conflict with the interest of the caregiver's ultimate employer."