It seems to me that a big problem is that insurers have little ability to keep costs down. Not sure how to deal with that. https://twitter.com/PoisonAero/status/845420550201618432 …
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Replying to @HbdNrx
High costs are mainly because of bureaucracy and lack of market incentives, also subsidization of free healthcare.
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Replying to @PoisonAero @HbdNrx
Government sets the price, so that would keep costs down. Insurers act as HMOs/networks to reduce prices.
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Replying to @PoisonAero
even if govt sets the price for things, usage levels are still an issue. The quantity of unnecessary care is unbelievable
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Replying to @HbdNrx
Yep, but again that's an issue for the patient and service provider to work out. The market can solve that problem.
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Replying to @PoisonAero
.@PoisonAero idea for incentivizing patients to avoid excessive medical care: electric shocks with each medical visit
4:59 PM - 24 Mar 2017
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