1. By calling it US healthcare, the author is missing the point. There is very little healthcare, but there is a lot of medical expense.
2. By not throwing in a sentence or two about how the ACA provided a perverse incentive for insurance companies to raise the cost of medical care so as to allow an increase in marketing and executive compensation, the author is ignoring one of the many pernicious effects government regulation has caused in the industry.
prats226 · 16h ago
I think author has taken a very long term view of what's happened so far without getting too politically specific.
I found it very informative to get a sense of how many abstractions are there in the system. So I atleast know where to deep dive on.
jackthetab · 1d ago
> one of the many pernicious effects government regulation has caused in the industry.
Honest question.
DAE interpret this as (implying) all government regulation (in this industry) has pernicious effects?
cyberge99 · 1d ago
Yep. Reads like a diatribe that was avoided.
loco5niner · 17h ago
Yep, I'm disgusted too. But with little kids with possibly serious medical issues, we've gotten great care.
2. By not throwing in a sentence or two about how the ACA provided a perverse incentive for insurance companies to raise the cost of medical care so as to allow an increase in marketing and executive compensation, the author is ignoring one of the many pernicious effects government regulation has caused in the industry.
I found it very informative to get a sense of how many abstractions are there in the system. So I atleast know where to deep dive on.
Honest question.
DAE interpret this as (implying) all government regulation (in this industry) has pernicious effects?