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> Since then the US has pursued market based heath insurance I wouldnt consider hundreds of millions of dollars of bribery 'market based' https://www.opensecr
by mkirklions 8y ago
> Since then the US has pursued market based heath insurance
I wouldnt consider hundreds of millions of dollars of bribery 'market based'
https://www.opensecrets.org/lobby/top.php?indexType=s https://www.opensecrets.org/lobby/top.php?indexType=s
Physicians are one of the biggest reason healthcare is so expensive. Ive seen studies saying physicians account for 10-20% of all US healthcare spending.
Physicians play that off like- Oh only 10%?
But the reality is that the hospital parking lot, the IT, the nursing staff, the electricity, the software, landscaping etc.... all go into that. So 10% of spending being on Physicians is quite high.
Its a cartel that they continue to regulate to make more difficult to be part of.
I genuinely hope medical tourism becomes established because US physicians are corrupt.
- Gibbon1 8y agoThe point that I didn't really make is. Companies that are successful working inside an open market don't bribe the government to provide them subsidies and protection. The system we have is the result of 50 years of market failure and government intervention.