This is regulation everybody should be able to get behind. How are these markets supposed to function efficiently with healthy competition if critical information like this is hidden away?
It's because information asymmetry allows for maximum profits.
How much health insurers pay for almost everything is about to go public
151–160 of 370 posts
Re: How much health insurers pay for almost everything is about to go public
#152This is regulation everybody should be able to get behind. How are these markets supposed to function efficiently with healthy competition if critical information like this is hidden away?
Re: How much health insurers pay for almost everything is about to go public
#153"Doctors hate this simple trick to reduce ." That's the strange spam message I could never understand. Surely doctors would be delighted at any method to improve health? So I always assumed the "trick" to be quackery with dangerous side effects. After all, why else would "doctors hate it"? Eventually I realised these messages are exclusively US American, the only place on the planet where doctors could plausibly rese…
> That's the strange spam message I could never understand. Well the message is likely untrue so maybe it's best not to try to understand it.
I hear you saying - don't give credence to idiots.
But at the same time that's a strange philosophy as I've found some of the most interesting truths come from understanding the lies people tell, and why.
Re: How much health insurers pay for almost everything is about to go public
#154Earlier quoted context omitted.
Libertarians ret-conned Adam Smith's definition of "free market" to mean "complete absence of regulation". And they use this appeal to authority (as well as the naturalistic inevitabilism that originates in evo-psych) as a cudgel to push for the permission of exploitative practices. We are becoming more and more aware as a society of the effects of this campaign, which is heartening, but reactionaries stand at arms t…
Those libertarians who have famously been in charge of the United States since it's founding and got the US into the current health care cost mess?
Left libertarianism is summed up as: live and let live. Very different.
Re: How much health insurers pay for almost everything is about to go public
#155Earlier quoted context omitted.
Yep. That, and space force, and cheap energy, and renegotiating trade agreements, and not starting any new wars.
"Cheap energy" is not the boon you think it is. You have to consider other factors - deregulating the food industry and getting rid of the FDA would save millions of taxpayer's money, would lower prices of the supply chain and let consumers pay significantly less for food, yet would have drastic side effects. Cheap energy that requires deregulation, more alarming and precarious climate effects, etc might not be a net…
This is an interesting take on peace in the middle east.
Re: How much health insurers pay for almost everything is about to go public
#156"Doctors hate this simple trick to reduce ." That's the strange spam message I could never understand. Surely doctors would be delighted at any method to improve health? So I always assumed the "trick" to be quackery with dangerous side effects. After all, why else would "doctors hate it"? Eventually I realised these messages are exclusively US American, the only place on the planet where doctors could plausibly rese…
Those messages come from the "health supplement" industry, which is basically a segment of the health industry that the FDA is prohibited by law from regulating. And it entirely feeds on consumer cynicism towards the health industry, despite the fact that the major players in "health supplements" are guilty of everything the health industry is accused of being.
Re: How much health insurers pay for almost everything is about to go public
#157This is regulation everybody should be able to get behind. How are these markets supposed to function efficiently with healthy competition if critical information like this is hidden away?
It's because information asymmetry allows for maximum profits.
https://you.com/search?q=George+Akerlof+information+asymmetr... https://www.investopedia.com/terms/g/george-a-akerlof.asp
Re: How much health insurers pay for almost everything is about to go public
#158Earlier quoted context omitted.
Yep. That, and space force, and cheap energy, and renegotiating trade agreements, and not starting any new wars.
"Cheap energy" is not the boon you think it is. You have to consider other factors - deregulating the food industry and getting rid of the FDA would save millions of taxpayer's money, would lower prices of the supply chain and let consumers pay significantly less for food, yet would have drastic side effects. Cheap energy that requires deregulation, more alarming and precarious climate effects, etc might not be a net…
Re: How much health insurers pay for almost everything is about to go public
#159Earlier quoted context omitted.
"Cheap energy" is not the boon you think it is. You have to consider other factors - deregulating the food industry and getting rid of the FDA would save millions of taxpayer's money, would lower prices of the supply chain and let consumers pay significantly less for food, yet would have drastic side effects. Cheap energy that requires deregulation, more alarming and precarious climate effects, etc might not be a net…
> "not starting any new wars" can be perceived as bowing to foreign nations This is an interesting take on peace in the middle east.
I've edited my comment to speak in a more neutral political tone.
Re: How much health insurers pay for almost everything is about to go public
#160Earlier quoted context omitted.
"Cheap energy" is not the boon you think it is. You have to consider other factors - deregulating the food industry and getting rid of the FDA would save millions of taxpayer's money, would lower prices of the supply chain and let consumers pay significantly less for food, yet would have drastic side effects. Cheap energy that requires deregulation, more alarming and precarious climate effects, etc might not be a net…
> "not starting any new wars" can be perceived as bowing to foreign nations This is an interesting take on peace in the middle east.