Comment Comment by drdec >>the free market-based US healthcare system>market, maybe, "free" market? I doubt it.The consumer of healthcare is doubly removed from the price of healthcare. This is the opposite of a free market.The patient did not pay the doctor, the insurance company does. In most cases the patient does not pay for insurance their employer does.So the normal pricing forces of a free market are removed.Then we need to talk about certificate of need laws which restrict the supply... parent drdec 2 years ago
>market, maybe, "free" market? I doubt it.
The consumer of healthcare is doubly removed from the price of healthcare. This is the opposite of a free market.
The patient did not pay the doctor, the insurance company does. In most cases the patient does not pay for insurance their employer does.
So the normal pricing forces of a free market are removed.
Then we need to talk about certificate of need laws which restrict the supply...