01/12/2018

Move Over Ambulances, Uber’s Coming

Charles Hughes, Foundation for Economic Education

As a mode of transportation to a hospital when a patients’ illness, injury or affliction precludes them from driving, ambulances are a blunt method that is far from perfect. Patients sometimes find themselves hit with substantial bills or end up at out-of-network hospitals that raise the price of care. Recent policy changes may also be exacerbating the situation, as one study found that the Affordable Care Act slowed ambulance response times by almost 20 percent.

According to a new working paper by David J. G. Slusky of the University of Kansas and Leon S. Moskatel of Scripps Mercy Hospital, some people are foregoing ambulances and opting for ride-hailing services instead.

Ambulances Are Insufficient for All Needs

A person suffering from a heart attack could certainly require an ambulance complete with paramedics and their tools to give some medical care en route to the hospital. The minutes the ambulance could shave off transport times because it does not have to follow traditional traffic rules could prove important. But a recent Washington Post article cited one patient who was charged $3,660 for a four-mile ride in an ambulance.

While a traditional ambulance often makes sense, a person might need quick transportation to get medical attention in a range of less urgent situations. In some circumstances, these alternatives can offer a less expensive option, and also allow the patients to choose their hospitals.

Previous research had found that some degree of unnecessary ambulance use in the past was due to a lack of feasible alternatives.

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In Search Of History

4,000 Years Of Price Control

Tablets, said to be 200 years older than the Babylonian Code of Hammurabi ... show that the ancient kingdom of Eshnunna had wage control and price control. The news ought not to have come as a surprise. For the code of Hammurabi itself (unearthed in 1902), which was promulgated earlier than 2000 B.C., fixed prices, wages, interest rates, and fees. This makes price control at least about 4,000 years old. ...

 

Ironically, it is those who now wish to return to this ancient totalitarian device who are fondest of calling themselves “progressives.” They are also fond of saying that those who believe in economic liberty “are living in the nineteenth century.” These controlists have yet to learn that they themselves are still living, as the discoveries in Babylonia attest, in the nineteenth century—B.C.!

-- Henry Hazlitt,

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