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Price controls, de facto or de jure, seem to be one prominent, common factor in the health care systems of every other advanced economy. Even Singapore, practic
by karatestomp 7y ago
Price controls, de facto or de jure, seem to be one prominent, common factor in the health care systems of every other advanced economy. Even Singapore, practically the only "see, the market can work for health care!" example I see used, has them.
- skeletal88 7y agoWhere I'm from, in the EU, there is an organization that pays for procedures that people have in hospitals, and they have a price list that they agree on with the hostpitals in a contract. If a hospital wants to be paid for some kind of operation on patients or for "days in type x of hospital bed/care" then it's all in the price list they agree on. And the hospitals don't go bankrupt... or make a profit. They are basically non-profit organizations owned by the local government and the country. They were created with the goal of taking care of peoples health and doing the procedures that people need, not with the goal of making a profit or meeting some financial targets.