I spent $12k out of pocket in 2016 on medical expenses and nobody in my family was seriously ill or injured.https://twitter.com/aodespair/status/839112872806449152 …
Actually, Econ laws DO care about procedure. You can't extrapolate from Lasik to cancer or spine surgery.
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Econ laws are universal. Principles remain the same. You can make extrapolations because of them
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Can't extrapolate unless markets are similar. Cancer research expands. Lasik is an established procedure.
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Although they are all "medical", they are very different in what the market offers in terms of options.
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