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AFAIK every single other OECD state has explicit or de-facto (via monopsony) price controls for much of the healthcare sector. Hell, even non-OECD free-marketer
by shantly 7y ago
AFAIK every single other OECD state has explicit or de-facto (via monopsony) price controls for much of the healthcare sector. Hell, even non-OECD free-marketer-beloved Singapore does.
I would, no kidding, love to see any example of a successful, modern healthcare system that doesn't employ price controls to keep costs from getting out of hand. Allowing "successful" and "modern" to describe the system in the US, it's the only one I know of that doesn't.
- bufferoverflow 7y agoYou didn't answer the question though. You just went with "well, everyone else does that".
- shantly 7y ago... which means you can go look at them to see how it's working out. Again, I am legitimately interested in learning about any healthcare system in a state with an advanced economy that doesn't employ price controls in one form or another, but in the meantime, instead of spitballing about what a disaster it might be, we can just look at, AFAIK, literally any other such state to see how it works out. Dozens of examples.