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A free market would have patients and physicians reaching a supply/demand equilibrium, with facilitating brokers taking a small cut. In the US, patients go ban
by kps 8y ago
A free market would have patients and physicians reaching a supply/demand equilibrium, with facilitating brokers taking a small cut.
In the US, patients go bankrupt and physicians go bankrupt — money flows to the parasites who set prices: administrators and insurers.
- Gibbon1 8y agoRespectfully; you believe in magic.
- ModernMech 8y ago> A free market would have patients and physicians reaching a supply/demand equilibrium And what happens when the market is not in equilibrium? It means some services are priced out of reach for some buyers. When the market is commodities like soy beans, that's okay... it means some people don't buy soy beans. When it's healthcare, it means some people don't get healthcare and they die. Not so good.
- kps 8y agoWhat you have now in the US is that the soybean eaters can't afford to buy soybeans and the soybean farmers can't afford to grow soybeans. I'm not American and I'm far from lolbertarian, but having money go straight from patients to doctors would be a vast improvent on what you folks have now. It's the same as you see in US higher education — students are charged a fortune and educators are paid peanuts.