ChrisL68
Riley Skinner
- Joined
- Mar 16, 2011
- Messages
- 31,154
- Reaction score
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what is inherent to medicine that isn't inherent to other private industries?
It's not really a free market.
The demands for services are often compulsory.
There is a huge complexity in the services that doesn't allow comparison shopping.
The nature of the services doesn't really lend itself to pricing transparency.
There are often a very limited number of service providers for specific services in a reasonable geographic radius.
All of these factors lend themselves to price gouging potential.