Allocation and Rationing


Rationing : In the renewed discussion of “Death Panels” for government-controlled Health Care, some ask how the government distribution of scarce medical resources is really any different from the Private Sector doing so.

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Either way, you’ve got a small group of people – politicians or Insurance company executives – deciding who receives treatment.

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Under a free-market system, rich people get the best treatments, because they can afford to pay for them. How is that “better...

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