vanguard96
Jr. Member
Posts: 754
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« on: August 03, 2017, 10:51:41 AM » |
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No. It's worked so well for rent control (sarc).
And it will mean that 1) care levels would probably decline as they look to cut costs 2) fraud will increase even with expanded rules and regulations 3) supply will decrease as fewer people enter the medical field 4) wait times will increase 5) only the big players will thrive - the small guys will be weeded out of the market due to compliance and regulatory burden
We need accurate signals of prices - with the current system with insurance people did not know the true price and providers could just charge an arbitrary price and people would seek coverage without taking cost into the equation even for elective surgeries, and so on. There is so little incentive for pricing to the actual market like medicine in the 1960's or say alternative medicine like chiropractic or elective surgery like LASIK, knee replacement, and cosmetic surgery.
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