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Politics : Politics for Pros- moderated
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To: LindyBill who wrote (36671)3/28/2004 11:43:16 AM
From: Nadine Carroll  Read Replies (2) of 793887
 
Why has the cost of laser eye surgery fallen 22 percent in four years? For the same reason the cost of cosmetic surgery has been rising more slowly than the inflation rate. These elective procedures are generally paid for by individuals from their own resources.


These elective surgeries are also, as noted, elective, which means that the patients are not a captive audience for them. Markets don't work efficiently with captive audiences.
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