3 ms·

I don't think thats true. There is a price bias, but thats not the only quality signal for medical care. There's reviews, facility and installations, reputation

I don't think thats true. There is a price bias, but thats not the only quality signal for medical care. There's reviews, facility and installations, reputation, etc. People are price sensitive regarding their own life and their children's. You can find how much they value things with "revealed preferences", an economists principle. Its a bigger problem that as a consumer you don't have to or face the decision of choosing by price, eliminating marketing mechanics from healthcare.

SpikeDad 9y ago
"Little Billy - would you mind biting on a bullet for an hour while I check Yelp and online reviews to find the cheapest doctor to set your broken arm." ...said no one ever.
- conanbatt 9y ago
  "No time to look for the closest hospital, we need to drive straight to the one I know thats 1h away, lets go". Also, most care is not urgent care.
- Pokepokalypse 9y ago
  Pre Obamacare, the son of a friend of mine broke his collarbone skateboarding. His parents decided he should just tough it out, because they couldn't afford to take him to the ER. We tried to intervene by offering them money, but they refused to take it. We got their church to intervene, after 3 days. Very fortunately, xrays showed it was a minor fracture, no surgery needed. But that poor kid.