Re:The ER charged him $6,589.77 for 6 stitches, cost that le...
by kibwen on Saturday November 20, 2021 @09:31AM
(#29288378)
A lack of price transparency is indeed deplorable, but it isn't the root of the problem. The root of the problem is that demand for emergency treatment is inelastic. Inelastic demand curves result in wildly volatile prices. And when the service is a basic human need rather than a luxury, to prioritize a free market solution is to prioritize the market over the human. Markets must operate for the good of people, not the other way around.
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