Posted by: Frank | December 21, 2019

Frank blogged on December 21, 2019 at 10:50PM

The Grumpy Economist: Free market health care

My first question is why did they write down that goofy number of $100,000 on the bill, even though the insurance company only pays [$13,000]? … 

Read to learn the answer. Health care is not a free market, it is gamed and all participants play it well.

from Frank McPherson’s Web Notes https://ift.tt/2sNErLb
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