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It's a low information market with zero competition. Allow import of drugs. Allow insurance to operate across state lines. That's what Trump was suggesting duri
by 0xbear 9y ago
It's a low information market with zero competition. Allow import of drugs. Allow insurance to operate across state lines. That's what Trump was suggesting during his campaign. I'd go further, though, and stimulate the flow of information. Picking a doctor right now is a freaking nightmare, all you have to go on is what the doctor says about herself, yet insurance companies sit on tons of data they are unable to use and unwilling to share. Costs, outcomes, malpractice rates - it's all there, you just need to give a shit, which insurance companies do not.
- maxxxxx 9y agoIf there was one useful regulation it would be to mandate opening up all costs and quality data. A lot of people won't like that but until then the US health market doesn't deserve the name "market"