6 ms·

He mentions MRIs costing 2-3k€ a pop. That seems really expensive. I’m guessing this is US? Doesn’t competition push down the price of these operations? We’ve g

He mentions MRIs costing 2-3k€ a pop. That seems really expensive. I’m guessing this is US? Doesn’t competition push down the price of these operations? We’ve got private clinics in Finland offering MRIs from ~230€ without any subsidies (AFAIK).

CogitoCogito 6y ago
The US healthcare system isn’t really a very good model of market competition.
- jbn 6y ago
  on the contrary (and to your implied point, if i'm not mistaken), it's more like a cartel bent on extracting the most value out of the "consumer"...
  - npsimons 6y ago
    Oh yeah, it's working very well, for the shareholders.
DanBC 6y ago
The US has this thing in some states called "certificates of need". People who support the US market driven healthcare will say that interferences like CoN distort the market and prevent it working properly.
- Gibbon1 6y ago
  I'm with Kenneth Arrow[1], markets for healthcare don't work, can never be made to work. [1] 'Uncertainty and the welfare economics of medical care - 1963'
  - DanBC 6y ago
    I agree. In England we've seen a lot of waste and harm caused by our weird markets, and we're moving away from them.
renewiltord 6y ago
The US imposes limits of practitioners to keep income high.
danaliv 6y ago
> Doesn’t competition push down the price of [MRIs in the US]? Oh, you sweet, innocent babe. Praise your lucky stars for every single day that you don't have to deal with our "health care" system.