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Bill to Ban Private Equity from Owning Medical Practices

509 points · 384 comments · paimapi

  1. mhh__ · · focus · HN ↗
    You know what american healthcare really needs is more regulation!
    1. nielsbot · · focus · HN ↗
      Are you saying it needs less? Why do you think that?
      1. mhh__ · · focus · HN ↗
        yes. It's completely insane that health insurance A) does all price discovery B) is tied to your employer.

        Ask an American hospital how much something costs - you will get a completely fake price back, this is a sign of a totally broken market.

        1. vjvjvjvjghv · · focus · HN ↗
          I am good with getting rid of B).

          A) can probably only be fixed with regulation. Why would hospitals and insurance otherwise make prices transparent? The current state serves them really well.

          1. mhh__ · · focus · HN ↗
            Because in a fair market they would be competed away - prices of food, computers, bonds, etc are not transparent because of regulation - it's largely because of the tax incentive as far as I've read from healthcare economists.
            1. nielsbot · · focus · HN ↗
              healthcare isn’t really a market economy and neither should it be.

              we should make it a public a service without a profit motive

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