DISQUS

Cafe Hayek: The Market for Health Care

  • the Radical · 3 years ago

    Forcing companies to sell hundreds of $$ worth of drugs for $5, that'll do wonders for the heath care market.

  • Chris Meisenzahl · 3 years ago

    I agree completely w/ your sentiment. This thing is an unconstitutional and immoral tratedy. ;-(

  • Aaron Krowne · 3 years ago

    I can't see how the health care we have is even remotely a market, let alone a free one.


    For one, where are the prices? I suppose in extreme, border cases, one sees the prices when one does not have enough coverage.


    But for most routine and typical care, you don't see a price until a quarterly insurance statement comes in the mail, and even then, why bother looking, since its just telling you how much the *insurer* paid?


    Health care providers love not having to discuss a price (who would ask, anyway?), because it lets them charge a high one.


    Basically, there's absolutely no moral hazard in the system, for any party. What a mess! And people are shocked we have the most wasteful system in the world!