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It isn't just unionized people that don't care about prices. Most people on Medicare or Medicaid do not care... that's like 1/3rd of the country right there. An
by nwah1 7y ago
It isn't just unionized people that don't care about prices. Most people on Medicare or Medicaid do not care... that's like 1/3rd of the country right there. And among the highest per-capita consumers of healthcare.
There's plenty of people on Obamacare who are getting heavily subsidized low deductible policies, and paying very little.
The government is the largest employer, and most government employees do not care about prices.
Throw in those who are unionized or at cushy stable jobs with low deductible plans, which is innumerable millions more.
I'm thinking at least 75% of the country has little reason to care about prices, and even if they did the system is so byzantine that there isn't much they could do if they did. This is all an interlocking and self-reinforcing problem, which rewards the various layers of the healthcare industry with windfall gains irrespective of their own quality.