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That's certainly true; I just don't think it's a major factor in high healthcare costs. Many other aspects of modern life (mobile phones for just one example) h
by dreamcompiler 9y ago
That's certainly true; I just don't think it's a major factor in high healthcare costs. Many other aspects of modern life (mobile phones for just one example) have also seen an explosion in capability, yet costs have decreased because the marketplace was competitive.
- nradov 9y agoComparison to consumer electronics is a total non sequitur. Why would you think that's even remotely comparable? Healthcare delivery mostly isn't scalable and suffers from Baumol's cost disease.