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This still adheres to the model, "inelastic demand"

Posted on: November 12, 2016 at 11:52:09 CT
Coors4bob STL
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The person writing the article is not an economist. People on death's door are inelastic in their demand for products and services. That is why most health care expenses are in the last year of life.

But the market model will work for the first half of the health expenditure.
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Rask, why is healthcare immune to market forces? - Coors4bob MU - 11/12 10:55:09
     Not rask, but this article potentially answers your question - Mo Texan MU - 11/12 11:29:46
          This still adheres to the model, "inelastic demand" - Coors4bob MU - 11/12 11:52:09
               HMO/PPO's were supposedly the answer to your point - Mo Texan MU - 11/12 12:11:25
                    HMO/PPO's were verticalization. - Coors4bob MU - 11/12 12:24:19
                         They represent the majority now-doing nothing to reduce cost - Mo Texan MU - 11/12 13:45:34
     The biggest problem with a market solution - Mormad MU - 11/12 11:10:04
     True, but the market cannot solve ALL problems. - GA Tiger MU - 11/12 10:58:03
          But it does a far better job than government does. (nm) - JeffB MU - 11/12 11:03:12
               GAT has the fatal conceit. - ummmm MU - 11/12 11:06:36
                    he now refers to himself as "gaterian", so yes, you nailed - 90Tiger MU - 11/12 11:38:35
                    Birdbrained Dictator. - Evenflow MU - 11/12 11:20:12
               It also creates fewer problems in the process. (nm) - JeffB MU - 11/12 11:03:37
          True, it cannot solve all problems. - ummmm MU - 11/12 11:02:27
               I was going to say it can solve all problems - pickle MU - 11/12 11:13:25
                    That is a great way to put it. - ummmm MU - 11/12 11:15:02
     He wants it for "free" (nm) - Sal KC - 11/12 10:57:58
          The solution is not "have someone else pay for it" - Coors4bob MU - 11/12 11:08:25
          Not at all. What a worthless meme that is - raskolnikov MU - 11/12 11:07:35
               There is no other reason to advocate for social medicine - ummmm MU - 11/12 11:16:24
               So I was correct (nm) - Sal KC - 11/12 11:14:48
               And there will be zero incentive for costs to go down - redngray MU - 11/12 11:11:56
                    And THAT is the winning post.(nm) - jmlppx MU - 11/12 12:55:44
          what do you means wants it? (nm) - DollarSigns MU - 11/12 11:06:14
     Here's how a truly free health care market works with - JeffB MU - 11/12 10:57:48
          that's not a truly free health care market (nm) - pickle MU - 11/12 11:12:07
               It is a lot freer and with a lot less government interventio - JeffB MU - 11/12 11:16:00




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