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| Topic | what would happen if hospitals competed like other businesses |
| Balrog0 11/20/18 12:14:14 PM #44: | HenryAllbright posted... I get that no system is perfect, but there is quite a bit of opportunity to assist poor people, especially if competition has resulted in much lower prices. The poor people won't need as much financial assistance to get care if the prices are lower, and your average person who does make decent income will have more money left over to donate to poor people if they aren't paying as much for healthcare. Empirically speaking, for every $1 of public assistance you offer in medical care, you crowd out 1 cent of private charity. If you're relying on prices falling to replace public assistance, then you'd need to bring costs down to literally less than 10% of their current levels for it to be even marginally feasible to make up through private charity. --- But to you who are listening I say: Love your enemies, do good to those who hate you, bless those who curse you, pray for those who mistreat you. ... Copied to Clipboard! |
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