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Peak? This is the most heavily regulated market in the US, and fully 40% of all medical spending is from federal, state, and local governments. This is peak po
by merpnderp 7y ago
Peak? This is the most heavily regulated market in the US, and fully 40% of all medical spending is from federal, state, and local governments.
This is peak political corruption.
- SuperFerret 7y agoCapitalists wrote the laws.
- unishark 7y agoI have seen estimates that as much as two thirds of healthcare spending actually traces back to the govt when you count subsidies too. It is a mostly-socialized system at this point. And of course even where the govt is not funding the product, they are stipulating in detail what it must include. E.g. insurance must include a long list of things from mental health care to nicotine patches, forcing people to go through their insurance rather than through a market where they would negotiate prices.