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Beginning of the end, for Obamacare?
#65
Lasik eye surgery and cosmetic plastic surgery have never been covered by insurance and their prices have dropped. When demand is elastic due to price sensitivity of consumers, prices will drop. If everyone demands as much as possible without considering price, suppliers will produce as much as possible and charge as much as possible. This is great because medical supplies and services are available basically everywhere at any time with no waiting lists or resource rationing, but it also prevents prices from falling.
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RE: Beginning of the end, for Obamacare? - 6andcounting - 12-05-2015, 04:51 PM

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