Re:You Can Thank Private Equity for That Enormous Doctor's Bill
by pdonis on Thursday May 30, 2024 @11:53AM
(#40525150)
> As for the regulation of health care, it exists for a reason.
One can argue that there are valid reasons to regulate health care. But, as I pointed out elsewhere in this discussion, similar reasons exist to regulate food, and we do regulate food for those reasons, but that doesn't prevent us from having free market competition in food suppliers.
Re:You Can Thank Private Equity for That Enormous Doctor's Bill
by Turing_Machine on Thursday May 30, 2024 @11:54AM
(#40525159)
> some people have gardens to supplement their food supply and some people repair their own car.
Basically no one in the First World grows enough calories in their garden to make a significant difference, and repairing your own car nowadays generally requires buying lots of expen$ive test equipment. The days of the shade tree mechanic are sadly long over.
I realize this isn't what you meant, but some people have gardens to supplement their food supply and some people repair their own car. I'm not a car owner, but I do repair my own bike and the reason for it is that the required parts and tools are usually much less expensive than a one-time repair (with the biggest expense, tools, being spread across multiple repairs).
As for the regulation of health care, it exists for a reason. Some of those reasons are for the public good. You only need to look at alternative medicine to understand that there are a lot of snake oils salesmen out there. Letting people portray themselves as legitimate doctors would only muddy the water. Then there are factors such as competence. It is difficult enough to deal with in a regulated system, never mind an unregulated one.