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There is no competition because there is no market transparency at all. Wrong, there is no competition in medical care both because in the end it's not possibl
by joe_the_user 3y ago
There is no competition because there is no market transparency at all.
Wrong, there is no competition in medical care both because in the end it's not possible for lay person to make informed decisions about the spectrum of treatments available when they are under time pressure and there is no way to have choice when you have a single hospital serving a substantial area (and other ways that health care is a "natural monopoly").
- userinanother 3y agoThose are additional problems in some situations. But most hospital care is not immediately life threatening and people in major cities have access to 4-5 different hospitals sometimes more