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Taxes, Healthcare and Culture
15 10, 4:48am
there are reasons for that, I'm afraid.
Healthcare is seen as a business, not as a public good. Private hospitals operate no different than, say, Apple. They have board members, stockholders, and investors. Therefore, they will charge patients more in order to maximize their profit.
Then there are the other factors, such as the debt load on a new physician, the costs associated with malpractice insurance, the costs associated with our medications (which are generally not subsidized or price controlled)...