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The Healthcare Myths We Must Confront
The American ^ | June 29, 2012 | Cliff Asness

Posted on 06/29/2012 7:28:02 PM PDT by neverdem

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To: jeffc

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?


21 posted on 07/01/2012 6:01:02 AM PDT by BlazingArizona
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To: MarMema
Look I don't want the IRS or the federal govt in my healthcare but many many health insurance companies are as corrupt as they come...

They have a functional monopoly, don't they? Likely government guaranteed? One generally doesn't get that bad of service without major government involvement.

22 posted on 07/01/2012 6:01:51 PM PDT by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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