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I believe the healthcare system is so bloated because of a lack of competition. It made news when Trump pushed for legislation that would force hospitals to tel
by _bxg1 7y ago
I believe the healthcare system is so bloated because of a lack of competition. It made news when Trump pushed for legislation that would force hospitals to tell you how much they cost. Think about that. Setting aside all the arguments that it shouldn't be left up to the free market at all, in what world can a marketplace be healthy without something so basic as price disclosure?
- jb775 7y agoGood point, I know that healthcare price disclosure is legally required in Australia. I wonder how the systems compare. If you trace through the hospital's costs, it seems like a bulk of healthcare money ends up in the pockets of medical device companies. In my opinion, it doesn't seem like competition is behaving naturally at that level either. It seems like these companies are using the healthcare flustercluck as a proxy for anti-competitive behavior.