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Supermarkets is exactly what I had in mind, but perhaps it was stupid. The cost of health care is kind of… a×b+c×d, except more complicated, where a is the hou
by Arnt 2y ago
Supermarkets is exactly what I had in mind, but perhaps it was stupid.
The cost of health care is kind of… a×b+c×d, except more complicated, where a is the hourly cost of a physician, b is the number of times you get an hour's care, c is the cost of a pill and d is the number of pills you get. Want the total sum to decrease? Then pick which one of a, b, c and d you want to decrease, and look at whether competition can help. A lot of this thread sounds like just "private equity is evil and therefore guilty", nothing to do with goal-directed efficacy.
- pdonis 2y ago> Then pick which one of a, b, c and d you want to decrease, and look at whether competition can help. We already know the answer to this: competition can help decrease a and c, and even b and d might be fair game since competition in preventive care and preventive information can increase its effectiveness, which in turn reduces people's overall need for health care.