“To the extent that prices are prevented from rising, it will create enhanced rationing by waiting. And almost anything patients and doctors to do circumvent the cost of waiting will also add to the money cost of care. For example, an increasing number of primary care doctors are becoming concierge doctors. For a fee of about $2,000 a year, patients get same day or next day appointments, more time with the physician and someone who acts as their agent in dealing with other parts of a complex heath care system. Yet physicians who become concierge doctors typically replace a practice that sees about 2,500 patients with one that sees only about 500.”
http://www.independent.org/newsroom/article.asp?id=4696
Related posts:
Bitcoin In Context, A Brief Cultural History Of Money - Lui Smyth
What Real Independence Looks Like
David Galland: How to Tell if You Live in a Police State
The “Domestic Terrorist” You Can Call a Hero
Will Warrants for Searches Become a Thing of the Past?
Bourgeois Dignity featuring Deirdre McCloskey
The Best Quality Of Life In The World: Residency & Citizenship In Austria
Blowback: How Torture Fuels Terrorism Rather Than Reduces It
Rising Inequality and Poverty: Can They Be Fixed?
An Investment that Thrives, Even in a Weak Economy
Why Centralization Leads to Collapse
What the NSA Revelations Tell Us about America's Police State
Bill Bonner: Capitalism and Sex Slavery
Jeffrey Tucker: Mises Can Save the World
Jacob Hornberger: Unlimited Government
