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derekjdanserl | 4 years ago

Whether it’s hospitals, hosipital owners, doctors, or other healthcare industry benefactors, someone is making a killing beyond just the insurance companies. Ballooning administration is not only a cause but a symptom, which is why free market solutions can’t overcome the problem. Establishing new healthcare institutions will depend on the existing healthcare industry, which will expect the same profits or it won’t cooperate. There is no way around the fact that free-market healthcare is just deeply immoral and inhumane.

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tastyfreeze|4 years ago

Your entire argument is based on the assumption that healthcare is a free-market which it is obviously not. The mechanisms of price discovery are not present to all players in the market. When there is an unbalance in information in any market it will always be detrimental to the player with less information. The way to fix the problem is to create a free-market.

lotsofpulp|4 years ago

There never will be a free market due to inability to negotiate prices and obtain quotes.

A person who had a stroke is not going to be evaluating offers from various surgeons. Nor are 99% of people going to know what healthcare they need or don’t need.

That is the service a managed care organization provided (aka insurance company).

derekjdanserl|4 years ago

My entire argument is based on the fact that a free-market healthcare system is not even an option. Frankly, a free-market economy of any sort is a utopian fantasy. Healthcare is just a useful case study of the problems.

staircasebug|4 years ago

US healthcare is most definitely not free market.

derekjdanserl|4 years ago

As I said, a “free-market” solution isn’t even an option.