Comments on: Keeping a large city hospital solvent: is it an impossible balancing act? http://www.chrisjohnsonmd.com/2008/08/07/keeping-a-large-city-hospital-solvent-an-impossible-balancing-act/ A doctor's blog on caring for critically ill children Thu, 02 Feb 2012 13:42:05 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Christopher http://www.chrisjohnsonmd.com/2008/08/07/keeping-a-large-city-hospital-solvent-an-impossible-balancing-act/comment-page-1/#comment-141 Christopher Sat, 09 Aug 2008 01:26:14 +0000 http://www.chrisjohnsonmd.com/blog/?p=74#comment-141 Joseph-- Thanks for your comment. I suppose that this is one issue that will ultimately be decided at the ballot box (as it should). It's complicated, but my own opinion is that usual marketplace economics don't apply to healthcare. (Supply and demand, for example--in healthcare, supply seems to drive demand, rather than the other way around, and excess supply seems to make prices go up, not down.) Joseph–

Thanks for your comment. I suppose that this is one issue that will ultimately be decided at the ballot box (as it should). It’s complicated, but my own opinion is that usual marketplace economics don’t apply to healthcare. (Supply and demand, for example–in healthcare, supply seems to drive demand, rather than the other way around, and excess supply seems to make prices go up, not down.)

]]> By: Joseph Kirchner http://www.chrisjohnsonmd.com/2008/08/07/keeping-a-large-city-hospital-solvent-an-impossible-balancing-act/comment-page-1/#comment-140 Joseph Kirchner Fri, 08 Aug 2008 20:35:34 +0000 http://www.chrisjohnsonmd.com/blog/?p=74#comment-140 Many things at least as essential as healthcare, can be considered basic human needs. The economics of healthcare has been distorted, both intentionally and as a result of the law of unintended consequences, by extensive governmental exceptions from the rules of the marketplace, which exceptions were obtained at the cost of extensive governmental regulation. A market is a solution, and its rules should be followed. Many things at least as essential as healthcare, can be considered basic human needs. The economics of healthcare has been distorted, both intentionally and as a result of the law of unintended consequences, by extensive governmental exceptions from the rules of the marketplace, which exceptions were obtained at the cost of extensive governmental regulation. A market is a solution, and its rules should be followed.

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