TOLFA Segment 13, Question 4

Not everybody can play with a full deck. In a free-market society, what would happen to those who made no provision for health care expenses?

They would prematurely die.
For centuries before government muscled in on the industry, hospitals and physicians did pro bono work, donating their services to those unable to pay. The same would happen again, though the call for it would be much less; prices would be lower and prosperity, much greater and much more widespread.
A free society would soon get to know, if someone was taking unfair advantage of physician generosity - if he declined to pay even though he was well able to do so. Reputations would be jealously guarded and for good reason: nobody would want to do business with a cheat! So people might cheat the provider, but only once.

Don't hurry away; even when you've got the right answer, try clicking on the others to see why they are wrong! Then when you have correctly answered this make notes in your student notebook, go to Question5.

Segment 13 Page