Posted on 06/29/2012 7:28:02 PM PDT by neverdem
The difference is that cimputers are sold in a free markey, while healthcare is a sealed chain of monopolies.
Yes, we should expect to pay more for brand-new cures. In a free market there is a “learning curve” for newly introduced technology, after which competition sets in and it becomes cheaper. Old medicine, on the other hand, costs just as much as new medicine because it’s a monopoly. Remember that recent hapless tourist visiting San Diego who was charged $243,000 for treatment of a rattlesnake bite?
They have a functional monopoly, don't they? Likely government guaranteed? One generally doesn't get that bad of service without major government involvement.
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