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Like credit rating agencies and how well they work? /s In this case, it's not even about falsely marking up poorly understood investment products for extra bus
by safog 7y ago
Like credit rating agencies and how well they work? /s
In this case, it's not even about falsely marking up poorly understood investment products for extra business, it's people's health.
Any reviewing businesses that are strict with their criteria simply won't get business from device companies, all we've succeeded in doing here is moving the problem up one level.
- maxerickson 7y agoMy take is that we need to strive for effective regulation (so I'm not coming at this from a 'government is always the problem' perspective, just thinking out loud). There is some incentive for medical providers and insurers to use safe and effective treatments (good reputation is good business). For products that are not immediately physically dangerous, perhaps retrospectively evaluating their choices would be similarly effective for outcomes as the current approach of banning things until they are approved.