Re: Health Care
In my blog I summarized a very interesting book called "Money-Driven Medicine". This book doesn't list malpractice insurance as a primary driver of spiraling costs. A lot more of it is coming from all the players in the industry encouraging overuse of medical procedures on the insured and underuse of preventive medicine for the uninsured. Fraud and administrative waste play their part, but the biggest problem is that health care as an economic market is simply broken -- the usual actions of supply and demand have been corrupted in ways that will be tricky to fix.
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