Discuss that statement and give your opinions concerning it

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1. Read this quote: "I am firmly convinced that third-party payer is one of the big reasons for rising costs and pervasive inefficiency in the healthcare sector. When we buy goods and services with our own money, we try to get maximum value, and producers respond by trying to be efficient as possible. In the healthcare sector, by contrast, we shop with other people's money. Or to be more technical, we shop in an environment where government policies result in us bearing very little out-of-pocket cost for each additional increment of health care." - Dan Mitchell, (Daniel J. Mitchell blog)

2. Discuss that statement and give your opinions concerning it.

 

Reference no: EM133333289

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