Markets are So…Well, Unplanned
“What’s to stop US healthcare companies coming over here to poach patients. Or GPs sending patients to India for cheap operations? Or English hospitals raiding Scotland for sick people?” said Alan Maynard, professor of health economics at the University of York. “It could be a real mess.”
Maynard is commenting on the new British health reforms. HT to Marginal Revolution.
Some NHS hospitals earn up to one-quarter of their revenue by selling access to patients willing to pay to jump the queue.
This is actually funny.
I can imagine the new head of CMS saying something very similar.
What’s so revealing about this quote is that it demonstrates a complete lack of understanding of how markets work. But that is what I would expect from an erstwhile supporter of traditional (socialized) NHS care.
Heaven forbid that anyone would actually want to treat sick people…
Heaven forbid that anyone should disrupt Professor Maynard’s vision of an orderly society.
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