3 ms·
Why stop there? Misaligned incentives tied to a baby boom is at fault. Lots of people aging into health care/ problems. Rising demand + protectionism of med s
by jvanderbot 1y ago
Why stop there? Misaligned incentives tied to a baby boom is at fault.
Lots of people aging into health care/ problems.
Rising demand + protectionism of med schools -> Higher wages and costs
Increased demand for care -> More nursing demand -> More student loans for nursing schools
More nurses making money and overworked -> More protectionism to save wages
Regulation to try to level costs and provide uniform care for "all" -> More paperwork -> more administrators -> slower care + costlier care
More costs -> More insurance premiums, more medicare/medicaid budget required
Consolidation -> higher profits + less overhead. ("one system")
Huge insurance companies, huge care providers, and gobs of nurses -> Voting sway
Voting sway -> Legislators try to work "within" the system