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Politics : A US National Health Care System?

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To: Lane3 who wrote (1785)8/2/2007 11:17:38 AM
From: TimF  Read Replies (1) of 42652
 
Well one point is you don't have to have everyone shop prices in order to get a benefit.

Take the example of groceries. Most people shop at whatever store is most convenient, or carries some particular brands they like. IMO only a minority (although perhaps a significant one) really spends a lot of time and effort clipping coupons or shopping around for the best price. But that minority is enough to keep margins for supermarkets fairly low.

I don't think the potential benefit is quite as large in the medical field. People have more incentive to shop around for large ticket items (and medical care is expensive), but medical care is an area where people tend to be more concerned over real or perceived quality than cost, and also its an area where a big part of the cost is from highly skilled labor. But there is still room for savings. For big expensive procedures that 20 minutes extra consultation time will only be a small part of the cost. For small procedures or checkups, it wouldn't pay to have a lot of additional consultation time, but if doctors competed more on price such extra consultation might not be necessary.
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