Trump Signs Executive Order Compelling Disclosure of Prices in Health Care

Re:Trump Signs Executive Order Compelling Disclosure of Pric... by conanbatt on Tuesday June 25, 2019 @12:48PM (#20276111)

I disagree, I think the interlocking issue is that few industries have as much public support for its vested interests as healthcare and education. Anyone can get away with anything because the public is generally tricked by a simplistic understanding of what medicine is, and consequently support terrible policies.

You could drop the cost of care just de-regulating. But Milton Friedman failed, who would succeed today on that path?

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Re:Trump Signs Executive Order Compelling Disclosure of Pric... by wefarrell on Tuesday June 25, 2019 @12:59PM (#20276272)

"You could drop the cost of care just de-regulating"

That's a huge oversimplification and isn't true in many cases, for example when a single drug company owns the patent on a life saving drug. The laws of supply and demand are not in favor of those who require that drug to live.

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Re:Trump Signs Executive Order Compelling Disclosure of Pric... by nybble41 on Tuesday June 25, 2019 @04:22PM (#20278495)

> for example when a single drug company owns the patent on a life saving drug

Patents are a form of regulation. De-regulating would include voiding those patents. The government created that monopoly and all its attendant problems; there is absolutely no reason why it can't remove it just as easily.

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Re:Trump Signs Executive Order Compelling Disclosure of Pric... by conanbatt on Tuesday June 25, 2019 @01:47PM (#20276824)

Sad, but true. Access, Quality, Cost.

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