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It is however a highly inelastic good and some of the most expensive care happens when the person who ends up paying isn’t in the state of mind to make decision
by lovich 4mo ago
It is however a highly inelastic good and some of the most expensive care happens when the person who ends up paying isn’t in the state of mind to make decisions such as being unconscious for emergency care, or late in life when dealing with dementia and other diseases that rob you of your faculties. It’s primed to be able to extract everything because most people value being alive above everything else.
- JumpCrisscross 4mo ago> the person who ends up paying isn’t in the state of mind to make decisions such as being unconscious for emergency care, or late in life when dealing with dementia and other diseases that rob you of your faculties Most healthcare in America isn't paid for by the patient.
- lovich 4mo agoUltimately, but it’s charged to the patient who then has it paid by whatever mechanism (insurance/medicare/medicaid/family/etc)