4 ms·
> 1) For-profit entities (particularly, publicly-traded / with "fiduciary responsibility" to shareholders) Then why is laser eye surgery so efficient? Answer:
by slotrans 3y ago
> 1) For-profit entities (particularly, publicly-traded / with "fiduciary responsibility" to shareholders)
Then why is laser eye surgery so efficient?
Answer: it's not covered by insurance, so there's an actual market.
The problem isn't for-profit entities, it's for-profit entities operating in the absence of markets. Rent-seeking, in short.
- isbwkisbakadqv 3y agoWhat fraction of the people who could benefit from LASIK get it? Would you be okay if cancer worker like that?
- drekk 3y agoYou're talking about the ticket price for the service when that really shouldn't be the consideration. It doesn't matter how affordable it is when most US citizens can't cover a $500 emergency with savings. It's a shameful, political choice to have people walking around with curable blindness. Or to have people rationing insulin. The body is a temple but the temple is made of meat. It's inevitable at some point that you'll be sick. We may as well bake that assumption into the social contract than try to treat it as any other good or service. Can't exactly shop around hospitals when you're in an ambulance, unconscious.