Post #51119 by albaby1 on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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All true, albaby, but that simply argues that the current way we do health care in this country is unsustainable.

Why is it unsustainable? Lots of things are suboptimal but can be sustained indefinitely. We might just always pay our medical service providers more than other countries do.

Other countries use the power of the single-payer purchaser to set prices well below ours. Their health systems are just monopolies (technically monopsonies) where health care providers basically have to just suck it up and accept less for their services than they could get in a different type of market. People face very different incentives in the two systems, both in terms of choosing to consume health care or become a provider in the health care marketplace. But there's no reason that either has to be unstainable.

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