2 ms·

Medical is pretty much the worst of both worlds. It generally isn't profitable and you need some of the most skilled personnel in the world to perform it. Thus,

• AnthonyMouse 2y ago
  Where does "it generally isn't profitable" come from? The US healthcare system has many flaws, but lack of profitable medical facilities doesn't seem to be one of them. General healthcare is a very ordinary market. You want to go to the doctor once a year to get checked out, they send your blood to a lab to check your cholesterol etc., you pay them money for this. If they find some condition with a known treatment, you pay for the treatment. In case the treatment is very expensive, you buy insurance ahead of time. The reason people hate it is that people are willing to do anything in order to not die, so they want that level of resources to be available to them, but they don't actually want to pay anything, or to be denied if they decline to pay an extraordinarily large amount, because the alternative is death. But "pay a lot of money or people die" is the nature of it. You can try to paper over it with insurance or taxpayer subsidies but that trade off is inherent and that it makes people uncomfortable doesn't change the fact.