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I keep hoping that someone makes a run at the most obvious health care need: a consumer centric medical record that you control with automated diagnosis engine.
by mchusma 6y ago
I keep hoping that someone makes a run at the most obvious health care need: a consumer centric medical record that you control with automated diagnosis engine.
Diagnosis is fundamentally an information problem, so should be zero marginal cost. Generic drugs have near zero marginal costs, so the idea that most healthcare needs to be expensive is incorrect from first principles.
I think if this is impossible in the US due to regulations, surely there are some countries that would allow it?
- srockets 6y agoUnlike commodities, there is no upper bound on the utility of health: people would pay as much as they can afford to have their health. Hence there's no rational (as we define the term in economic theories) reason to aim for lower prices, regardless of costs.
- mola 6y agoA lot of places in the world get healthcare right. The us is failing miserably to provide its citizens with affordable healthcare. And they are actively trying to export their failed system. Too bad they're also top rate marketers.