Re:How a Medical Catastrophe Can Bankrupt a Life
by afpx on Friday February 02, 2018 @04:26PM
(#16294316)
Inelastic demand, information asymmetry, and principal-agency make it difficult for markets to have much impact on healthcare costs, unfortunately.
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Re:How a Medical Catastrophe Can Bankrupt a Life
by cgmg on Saturday February 03, 2018 @05:44PM
(#16300114)
"Inelastic demand, information asymmetry, and principal-agency make it difficult for markets to..."
The order of causation here is wrong. Many of those problems exist because the market for healthcare is vastly inefficient in the United States.