4 ms·
The free market is very good at reducing prices in some areas but then it would also not serve other areas where there is no profit. So in a free market health
by maxxxxx 7y ago
The free market is very good at reducing prices in some areas but then it would also not serve other areas where there is no profit. So in a free market health system you would see cheap prices for some stuff but people with certain diseases would just be left to die. You would also see a lot of bad drugs that kill people.
- hippich 7y agoAlso, the free market can't co-exist with heavy regulations - you can't just make insulin product and start selling it - you have to go through FDA first, and then market it to doctors who is an ultimate gatekeeper for the drug.