▲ | xcskier56 2 days ago | |
The entrenched interests would fight tooth and nail against this but I think that the drive towards simplifying billing and pricing is a generally good thing. That being said, in my view, one of the fundamental problems with healthcare is that outside of truly elective procedures like cosmetic plastic surgery and lasik, it's nearly impossible to have free market economics function. - There are HUGE information asymmetries between doctors and patients - Judging performance of doctors is very challenge. Reviews are terribly inaccurate, data can be better but has big problems, and even other doctors aren't good judges of doctors outside their specialty. - Right now at least, price discovery is nonexistent so you can't price shop and compete on price vs quality - Insurance means that consumers of healthcare are not actually footing the bill so they have no incentive to price shop. And most healthcare procedures are completely unaffordable so there's no way we can do without insurance - and finally it's really hard to make an economic decision that is literally life and death. Am I going to forgo a $100k surgery if it means I'll die? There's no choice there All of these things lead me to the conclusion that healthcare is fundamentally incompatible with classic free market economics, and some form of single payer is the only solution to avoid us bankrupting our country spending on healthcare |