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Surely the profit motive in selling medicines or equipment to doctors is decoupled from the profit motive of doctors, hospitals, and other providers, currently
by Apocryphon 2y ago
Surely the profit motive in selling medicines or equipment to doctors is decoupled from the profit motive of doctors, hospitals, and other providers, currently governed by the insurance industry? Countries with public healthcare still have health industries for the former.
- sokoloff 2y agoThe doctors and hospitals can't buy that equipment if they don't make any gross profit from patients (or some proxy for patients).
- Apocryphon 2y agoPublic healthcare systems are funded by taxes. There are also private nonprofit hospitals that are ironically profitable: https://www.npr.org/sections/money/2019/10/15/769792903/how-non-profit-hospitals-are-driving-up-the-cost-of-health-care https://www.npr.org/sections/money/2019/10/15/769792903/how-...