Friends and Fans — I have retired from my work as a public intellectual, so Philosophy in Action is on indefinite hiatus. Please check out the voluminous archive of free podcasts, as well as the premium audio content still available for sale. My two books — Responsibility & Luck: A Defense of Praise and Blame and Explore Atlas Shrugged — are available for purchase too. Best wishes! — Diana Brickell (Hsieh)


Insurance

  • Q&A: Third Party Payments in Medicine: 11 Jan 2015, Question 2
  • Question: What should be done about third party payments in medicine? I was fascinated by your statement in your November 7th, 2012 discussion of the election that the real need in medicine was to do away with third party payments. It's quite a radical proposal, one of the most radical I've heard from you. How would you think such a thing might be implemented through ethically proper means – as opposed to measures such as legally prohibiting third party payments? Are there types of medical care – perhaps for catastrophic illness or injury – where third party payment would need to be kept in place, or where people in a free economy would likely still choose to keep them in place?

    Tags: Business, Contracts, Free Society, Government, Innovation, Insurance, Medicine, Regulation


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