Comment by bayarearefugee
18 hours ago
> We want consumers to consider cost when evaluating what services to buy, though.
A lot of medical care involves inelastic demand because your options are 1) pay this or 2) suffer and/or die.
"The market" does not function correctly with inelastic demand curves.
Yet another reason to socialize healthcare.
This is the crux. Capitalism doesn't work here and a fair bit of people like to pretend it does.
Then there's the people who bemoan "paying for someone else's healthcare" while completely ignoring that's what they're doing in the current system anyway.