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>This is a classical microeconomics problem of supply and demand. Markets are good at that to drive the price down. For people who can't afford it the governmen

>This is a classical microeconomics problem of supply and demand. Markets are good at that to drive the price down. For people who can't afford it the government may redistribute the taxes from the healthy people to pay for treatment. While it is something of a trope, I'm not sure I want to be (or would be able to do so) doing price comparisons between hospitals (or ambulances for that matter) as my internal organs ooze onto the pavement after being struck by a semi truck and dragged 40 meters. That's the primary issue with using price signals in a healthcare setting. Especially in a system where the recipient of services doesn't actually pay the total costs out-of-pocket for those services. Which creates perverse incentives for both the payer and the provider. And since that's not likely to change anytime soon, a single-payer system makes a lot of sense. Non-emergency treatment/care not related to any emergency care would definitely benefit from increased supply and more information. What, specific regulations would you like to see removed from hospital settings? I want to emphasize that this is not a rhetorical question.

freefaler 1y ago
The supply of doctors and nurses (invite from abroad), certification of medical equipment & FDA drug approval (if it's certified in a normal country do a very lightweight approval process). If the patients want it, allow for more risk on his side. For drug prices, the current system is also very, very broken. Remove the PBMs from the drug supply and at least there allow for market forces to work. It's a classical problem of resource allocation that can't be avoided with just good intentions. Medical tourism in countries like Israel & Thailand shows that this can be allocated through market forces.
- nobody9999 1y ago
  >The supply of doctors and nurses (invite from abroad), certification of medical equipment & FDA drug approval (if it's certified in a normal country do a very lightweight approval process). If the patients want it, allow for more risk on his side. >For drug prices, the current system is also very, very broken. Remove the PBMs from the drug supply and at least there allow for market forces to work. Sadly, the current government seems set on thwarting those suggestions. >It's a classical problem of resource allocation that can't be avoided with just good intentions. Medical tourism in countries like Israel & Thailand shows that this can be allocated through market forces. Where are you seeing anyone even paying lip service to some nebulous idea of "good intentions?" While I agree that market forces can be useful in certain situations (cf. Germany, Japan, and others), but basic health care, emergency services, life-saving care and a raft of other services aren't improved with to a race to the bottom.
- ceejayoz 1y ago
  > FDA drug approval (if it's certified in a normal country do a very lightweight approval process) https://en.wikipedia.org/wiki/Frances_Oldham_Kelsey https://en.wikipedia.org/wiki/Frances_Oldham_Kelsey would like a word. (She saved the US from thalidomide's birth defects, despite European and Canadian approvals and a whole lot of industry pressure.)

freefaler 1y ago

The supply of doctors and nurses (invite from abroad), certification of medical equipment & FDA drug approval (if it's certified in a normal country do a very lightweight approval process). If the patients want it, allow for more risk on his side. For drug prices, the current system is also very, very broken. Remove the PBMs from the drug supply and at least there allow for market forces to work. It's a classical problem of resource allocation that can't be avoided with just good intentions. Medical tourism in countries like Israel & Thailand shows that this can be allocated through market forces.

nobody9999 1y ago
>The supply of doctors and nurses (invite from abroad), certification of medical equipment & FDA drug approval (if it's certified in a normal country do a very lightweight approval process). If the patients want it, allow for more risk on his side. >For drug prices, the current system is also very, very broken. Remove the PBMs from the drug supply and at least there allow for market forces to work. Sadly, the current government seems set on thwarting those suggestions. >It's a classical problem of resource allocation that can't be avoided with just good intentions. Medical tourism in countries like Israel & Thailand shows that this can be allocated through market forces. Where are you seeing anyone even paying lip service to some nebulous idea of "good intentions?" While I agree that market forces can be useful in certain situations (cf. Germany, Japan, and others), but basic health care, emergency services, life-saving care and a raft of other services aren't improved with to a race to the bottom.
ceejayoz 1y ago
> FDA drug approval (if it's certified in a normal country do a very lightweight approval process) https://en.wikipedia.org/wiki/Frances_Oldham_Kelsey https://en.wikipedia.org/wiki/Frances_Oldham_Kelsey would like a word. (She saved the US from thalidomide's birth defects, despite European and Canadian approvals and a whole lot of industry pressure.)