3 ms·
The problem with healthcare is 1. Politics that prevent innovation, i.e. regulation. 2. Disruptive innovations, i.e. innovations that trade quality for cost h
by hershel 13y ago
The problem with healthcare is
1. Politics that prevent innovation, i.e. regulation.
2. Disruptive innovations, i.e. innovations that trade quality for cost have negative view by consumers relative to other industries.
Change those ,and tomorrow we can have a serious reduction in costs, and within a decade or two a huge amount of cost reducing innovation.
BTW 1 and 2 can be partially solved by targeting poor countries with disruptive innovations , letting them improve and prove their quality there, and then transfer them to the 1st world.