AAQ
sure we can make it more market friendly. I never said or menat to imply otherwise That in no way changes what I said. Yo umention “Making price transparent would be one. ” I agree it would help. but it wouldnt eliminate the issue. It is hard to imagine a patient in the throes of a heart attack looking up prices of local hospitals (one example I mentioned)
Furthermore, if prices are “too high” it would have little to no bearing on demand. Demand for cancer treatment is hardly driven by price (ifd at all) undermining the foundation of market economics. (the other example I mentioned) .
sure there are instances where free market might help. child birth is a great one. It is one of the most common reasons for admission to hospital, it is generally pretty straightforward and have 9 months or so to plan it . The problem is even there, your choice of hospital might be limited, not by your decision, but by your employers in a very bizzare setup that is almost unique to this country .
There is a great video on youtube done by vox where the fellow tries to find out how much the bill would be for a standard non-complicated birth, and he could not get an answer . (This was before Trumps’ price transperancy rule wnet into effect)