08-21-2019, 04:30 PM
In my opinion, the problem comes when health services are economically treated like any other product or service, where rules of supply and demand apply, so the market (and prices) regulate themselves (ideally).
Oversimplifying: The law of supply and demand implies a perfect market, which includes that the consumers can choose wether to buy or not to buy. When too many decide not to buy, price goes down. When too many decide to buy, price will rise. When you are bleeding on the road, that is usually a no-brainer, no matter how high is the price: you'll just need to "buy".
Oversimplifying: The law of supply and demand implies a perfect market, which includes that the consumers can choose wether to buy or not to buy. When too many decide not to buy, price goes down. When too many decide to buy, price will rise. When you are bleeding on the road, that is usually a no-brainer, no matter how high is the price: you'll just need to "buy".