3 ms·
>The thing is, health care is "natural monopoly", it's a situation where competition is meaningless at the point when a person shows up bleed at the emergency r
by wuliwong 7y ago
>The thing is, health care is "natural monopoly", it's a situation where competition is meaningless at the point when a person shows up bleed at the emergency room
Your natural monopoly claim is incorrect. People have choices as to where they get their healthcare, at least in the US. You can always claim a monopoly if you make the criteria strict enough but obviously in the US today people have a great deal of choice as to which healthcare providers they use. Even in an emergency (at least in larger metro areas) ambulances actually have choices as to which hospital they take the patient.
>The thing about employer-funded healthcare after WWII is that for a few decades, that health care was restricted to the Blue Cross/Blueso Shield monopoly [1]
You link to a wikipedia article which says
> In the 1960s the U.S. government chose to partner with Blue Cross and Blue Shield companies to administer Medicare.[6]
What about the 20 years before that?
- QuercusMax 7y agoIf somebody finds me unconscious on the sidewalk, bleeding from a head wound, they're going to rifle through my belongings to find my insurance card, and then magically know which ER to take me to?