Wait. Hold up. You can say no to options in the healthcare market by looking to different facilities. In a free market economy, it would quite literally force hospitals to compete and thus lower costs.
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No, it won’t. Because demand for healthcare services is automatically very high. Healthcare providers have absolutely no reason to significantly lower costs. All it does is take money from everybody in the marketplace. 1/2
It’s collusion. They don’t have to directly communicate to collude. They know what’s in their best interests and they all do *that*. Same reason Democrats and Republicans don’t offer significantly better candidates. It’s not in their best interests. 2/2
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1. The demand for services is high, but the supply for services would also be high in a less regulated market (elimination of market entry barriers). 2. The GOP/DNC don't 9ffer better candidates because they have shut out competition (ballot access) for third party candidates.
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What market-entry barriers are there for doctors, specifically?
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