The market has solved it.
You just don’t realize what the market has solved for. It didn’t solve the problem of expensive healthcare, it solved the problem of how to maximize profits for the wealthy.
That’s what people don’t understand about “the market”. What you think it’s doing isn’t what it’s actually doing.
If the free market had any real competitors, the problem would genuinely solve itself in favor of the consumer. We see this with any new tech where a bunch of new firms try to win customers by any means necessary in those first few years.
The problem as always is: where are the competitors after X years, and are these “competitors” actually competing anymore?
The solution as always is: regulate. Ensure competition. Ensure cartels aren’t price fixing. But no one wants to hear that
The streaming market has tons of competition. So then why are prices endlessly rising and content being removed and the value being made worse with ads?
The video game market also has tons of companies in it, and yet most of them are making the experience worse with ads and service-based games.
The best part is that it’s only State spendings, people in the USA also pay for private insurance individually!
Americans essentially pay for our insurance 4 times.
we pay more tax dollars per patient than ay other country
We pay hundreds per person per month in insurance premiums
We pay all healthcare expenses until we hit our annual deductible
We they pay a co-pay percentage after all treatment beyond the deductible.
Everyone knows it’s a broken system, but people are adamant that anything else would be communism or would make you lose an election.
I N N O V A T I O N Doctors in the US spend about 25% of their time dealing with insurance companies
