(August 7, 2014 at 7:16 pm)Jenny A Wrote: At risk of sounding *gasp* conservative, which I am fiscally, the problem with healthcare is that it's divorced from the market.
I agree with this and everything that followed, but must add that the supply in the market is artificially suppressed. There are only so many seats alloted for medical school.
There are other reasons for costs being high. By government decree through licensing practices there is an abusurd amount of care that only doctors are allowed to perform by law that registered nurses could easily do. Medicare/Medicaid also artificially establishes an artificial minimum charge for services.
The direct marketing of prescription drugs is also a hideous practice.
