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Interesting question, though, is if this logic applies to things like medicine: there isn't any barrier to entry other than buying a scalpel and a stethoscope
by crusso 13y ago
Interesting question, though, is if this logic applies to things like medicine: there isn't any barrier to entry other than buying a scalpel and a stethoscope
I don't understand your question. I don't think you can put practicing medicine in the "unregulated" column.
http://en.wikipedia.org/wiki/Practicing_without_a_license http://en.wikipedia.org/wiki/Practicing_without_a_license
- angersock 13y agoSo, to clarify: we seem to have stumbled upon the principle of "If an industry has low barriers to entry, it ought to be deregulated". For medicine, there are low barriers to entry--recall that barbers used to be surgeons. Our heuristic would suggest that medicine shouldn't be regulated--but that's nuts.
- ZeroGravitas 13y agoDon't know about "medicine" but doctors have been holding back progress for decades because they're a powerful union (though strangely that word isn't used).
- im3w1l 13y agoI would appreciate if you elaborated on this.
- pmorici 13y agoI have a friend who is finishing up medical school as a radiologist. The way he explained it is that the rates doctors charge for a given procedure are largely dictated by the government Medicare and Medicaid programs since they are the largest "customers" of healthcare services. Every year or so there is an advisory body of doctors that is part of the AMA in each specialty that gets together and makes recommendations that then get approved by the government. The government pretty much rubber stamps what ever they say. So essentially the AMA is a doctors union that dictates prices. http://swampland.time.com/2013/07/29/the-secretive-group-behind-medicare-reimbursements/ http://swampland.time.com/2013/07/29/the-secretive-group-beh...
- dragonwriter 13y ago> I have a friend who is finishing up medical school as a radiologist. The way he explained it is that the rates doctors charge for a given procedure are largely dictated by the government Medicare and Medicaid programs since they are the largest "customers" of healthcare services. Every year or so there is an advisory body of doctors that is part of the AMA in each specialty that gets together and makes recommendations that then get approved by the government. Actually, its just Medicare (the confusion may be because the governing entity is the Centers for Medicare and Medicaid Services, but Medicaid is a state-federal partnership program where reimbursement is generally driven by state policy; the committee at issue [1] is related to Medicare specifically.) [1] http://en.wikipedia.org/wiki/Specialty_Society_Relative_Value_Scale_Update_Committee http://en.wikipedia.org/wiki/Specialty_Society_Relative_Valu...
- ZeroGravitas 13y agoIn the UK, the NHS was strongly resisted by the BMA (doctor's union basically) in order to get the deal done the Minister of Health, in his own words, had "stuffed their mouths with gold". At roughly the same time in the US, the current mania about socialized medicine equaling death panels and communism got started with spin doctors hired by the doctor's unions. In fact Wikipedia tells me that the actual phrase "socialized medicine" was "first widely used in the United States by advocates of the American Medical Association in opposition to President Harry S. Truman's 1947 health-care initiative." The article "The Lie Factory: How politics became a business" gives some interesting historical insight into this: http://www.newyorker.com/reporting/2012/09/24/120924fa_fact_lepore?currentPage=all http://www.newyorker.com/reporting/2012/09/24/120924fa_fact_... They continue to lobby against these reforms to this day, more from Wikipedia: "The AMA has one of the largest political lobbying budgets of any organization in the United States.[6] Its political positions throughout its history have often been controversial. In the 1930s, the AMA attempted to prohibit its members from working for the then-primitive health maintenance organizations that had sprung up during the Great Depression, which violated the Sherman Antitrust Act and resulted in a conviction ultimately affirmed by the US Supreme Court.[7] The AMA's vehement campaign against Medicare in the 1950s and 1960s included the Operation Coffee Cup supported by Ronald Reagan. Since the enactment of Medicare, the AMA reversed its position and now opposes any "cut to Medicare funding or shift [of] increased costs to beneficiaries at the expense of the quality or accessibility of care". However, the AMA remains opposed to any single-payer health care plan that might enact a National Health Service in the United States, such as the United States National Health Care Act. In the 1990s, the organization was part of the coalition that defeated the health care reform advanced by Hillary and Bill Clinton." They also to fight to protect their status, and prevent nurses, pharmacists and other less-credentialled healthcare workers from performing roles that they could do just as well (if not better) and at cheaper cost. Relevantly for the tech-nerd contingent here (if raising the cost and reducing the quality of health care wasn't already relevant enough), they're probably going to fight expert systems that threaten their turf too (if they haven't already started to) just like car dealers vs Tesla motors. Here's randomly Googled article on them fighting against an expanded role for Nurses: http://takingnote.tcf.org/2010/04/the-battle-over-letting-nurse-practitioners-provide-primary-care-.html http://takingnote.tcf.org/2010/04/the-battle-over-letting-nu... "The American Medical Association (AMA) represents many members of the old guard, and is intent on protecting the guild. In some statehouses, the Associated Press (AP) reports: “Doctors have shown up in white coats to testify against nurse practitioner bills. The AMA, which supported the national health care overhaul, says that a doctor should supervise an NP at all times and in all settings. Just because there is a doctor shortage, the AMA argues, is no reason to put nurses in charge and endanger patients.” But others argue that Nurse Practitioners have the needed training and that, in fact, doctors who have gone through the full medical school curriculum are over-qualified for a job that, today, is more about coordinating care than medical science."
- marcosdumay 13y agoAnd is this better or worse than the alternative? Do we have more than 2 options?