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Comment by fredkbloggs

This article correctly pointed out very early on that the third-party payer system inflates demand and prices for drugs. If you disagree with that assertion, then you're welcome to disagree with mine as well. Otherwise, if you think having coverage denied for a treatment by a private corporation (that owes you nothing beyond what is contracted) is politically incendiary, wait until you see the government (theoretically "for the people") deny that same payout. Death panels, anyone? By making it even harder to refuse to pay for a treatment, a single-payer system would increase demand and therefore prices even further. This is Econ 101 stuff; it's not some rabid flight of fancy.
parent fredkbloggs 11 years ago

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