Today, Paul Krugman explains why our medical system is so expensive comnpared to everybody else's. Private insurance based, the administrators are not concerned with the efficient delivery of care, but in risk avoidance, i.e. how to deny coverage to the most sick people. As a result the medical practitioner's daily battle is not with germs and disease, but with the insurance company.
Who said that the great virtue of entrepreneurship is the willingness to take risks?
The New York Times > Opinion > Op-Ed Columnist: Passing the Buck
The Beginning of the End.
13 years ago
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