I'm interested to dive into this healthcare topic a bit deeper.
To find out what a true free market of healthcare looks like.
Often you find that government intervention distorts markets.
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...and this looks like the case.
For example, people complain that benefits are tied to employers. But this was caused by the government capping wage increases to combat inflation in 1942, which resulted in companies offering pre-tax health benefits.
This looks like it is changing as people are like: wtf this makes no sense and creates so many bad incentives.
It looks like market forces will fix the system in the end, maybe it just takes 50 years or so.
Comments
I'm interested to dive into this healthcare topic a bit deeper.
To find out what a true free market of healthcare looks like.
Often you find that government intervention distorts markets.
---
...and this looks like the case.
For example, people complain that benefits are tied to employers. But this was caused by the government capping wage increases to combat inflation in 1942, which resulted in companies offering pre-tax health benefits.
This looks like it is changing as people are like: wtf this makes no sense and creates so many bad incentives.
It looks like market forces will fix the system in the end, maybe it just takes 50 years or so.