What if we flipped this on its head and ran this like any other business? Consumers choose who they want buy services from, based on cost (which they would know up front) and perceived value. Insurance would serve its rightful purpose of covering low probability, high consequence costs that consumers choose to buy protection against. Insurance should not be involved in "normal" medical services.
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What if we flipped this on its head and ran this like any other business? Consumers choose who they want buy services from, based on cost (which they would know up front) and perceived value. Insurance would serve its rightful purpose of covering low probability, high consequence costs that consumers choose to buy protection against. Insurance should not be involved in "normal" medical services.
Post: Why US Healthcare is so Expensive.
Link to comment from December 17, 2024