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There is never a free market in health care. > […] As I lie unconscious under a bus, I am in no position to shop for the best provider of ambulance services at
by endymi0n 5y ago
There is never a free market in health care.
> […] As I lie unconscious under a bus, I am in no position to shop for the best provider of ambulance services at the most reasonable price. All personal volition is lost. Whatever happens next, it will not be a market transaction.
https://www.forbes.com/sites/chrisladd/2017/03/07/there-is-never-a-free-market-in-health-care/ https://www.forbes.com/sites/chrisladd/2017/03/07/there-is-n...
- ipnon 5y agoA free market of treatment options is feasible, but not a free market of insurance coverage. It's not really insurance if the unfortunate event is guaranteed to occur (has anyone in history been documented as never falling I'll?). The buyers have no option.
- tikkabhuna 5y agoThis is what I love about the UK system. - NHS takes care of emergencies. There is no stress of payment in these situations. - I have private medical insurance through work. Its done by salary sacrifice so I can choose to take the money instead. - I can buy private medical insurance separately. Providers like Vitality[1] offer things like Apple Watches and discount gym membership. Private medical insurance is generally quite cheap (Vitality just quoted me £40/month) as emergency care is done by the NHS. - You can use private healthcare to speed up things that might take a while or you might not get an NHS referral for. Of course there's some problems with the NHS in terms of wait times, but I believe that's more of an issue of funding. In the UK I feel like I have choice that won't break the bank and I'm also not going to die because I can't pay. [1] https://www.vitality.co.uk/rewards/partners/active-rewards/apple-watch/ https://www.vitality.co.uk/rewards/partners/active-rewards/a...