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View Diary: New government data shows how messed up health care pricing is (62 comments)

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  •  but that is how the free market works (6+ / 0-)

    I don't know why anyone would be surprised.

    After all, nature's evolution produced fleas, ebola, and the cockroach. (Although, you can't blame nature for the Brussels sprout.)

    "Survival of the fittest" isn't always nice for the victims of the fittest parasites.

    •  The key word in this comment... (3+ / 0-)
      Recommended by:
      kefauver, second gen, Creosote

      ... is "parasites."

      Good for the Obama administration for doing this.

      "Enlightened statesmen will not always be at the helm." --James Madison, Federalist 10

      by mrhelper on Wed May 08, 2013 at 06:23:55 PM PDT

      [ Parent ]

    •  It certainly is not. (1+ / 0-)
      Recommended by:
      eps62

      For one thing, it is nearly impossible to get prices in the current "system".  I have been through that process and have wanted to inflict bodily harm on more than a few people.

      For another, the care-givers have an enormous amount of market power (think monopoly).

      Limited choice of hospitals, supply of doctors/caregivers artifically constrained by licensing practices and requirements.

      Unbalanced information -- that's always a problem when lay people deal with professionals, but I challenge you to get the information you actually need to make significant decisions from most doctors.  

      And, finally, lack of rational action.  When the condition we face is life-threatening, we tend to go all whack-a-doodle between the ears AND the doctors turn into the worst kind of vultures.

      None of that is consistent with the information flows or competitive forces required for a free market.

      LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

      by dinotrac on Sat May 11, 2013 at 08:24:06 PM PDT

      [ Parent ]

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