Monday, October 04, 2004

HOSPITAL VOUCHERS?

It's the Left that is proposing something of that sort in Australia

"Private health-care providers will be big winners if Labor wins office this week... Labor's $2.9 billion Medicare Gold proposal, providing free health care for everyone over 75, would provide a massive windfall to private hospitals and the companies that operate them.

Health care analyst Marcus Wilson of Macquarie Equities said the resulting increase in admissions would reduce spare capacity in the private sector. "It's going to be a boom for them," he said. "If it was to go through in the way it's proposed, any additional use of existing beds is going to be significant for private hospitals."

Companies that operate facilities with high vacancy rates stand to benefit most. One of the biggest, Healthscope, operates hospitals on average only 68 per cent full. If Medicare Gold can push that towards maximum capacity around 90 per cent, the company would reap a huge benefit..... "

More here

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For greatest efficiency, lowest cost and maximum choice, ALL hospitals and health insurance schemes should be privately owned and run -- with government-paid vouchers for the very poor and minimal regulation.

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