We want consumers to consider cost when evaluating what services to buy, though. That's a feature.
The medical emergency debt statistic is just the usual thing of people not really understanding how medical insurance works.
The medical emergency debt statistic is just the usual thing of people not really understanding how medical insurance works.
A lot of medical care involves inelastic demand because your options are 1) pay this or 2) suffer and/or die.
"The market" does not function correctly with inelastic demand curves.
Yet another reason to socialize healthcare.
Then there's the people who bemoan "paying for someone else's healthcare" while completely ignoring that's what they're doing in the current system anyway.