Comment by austin-cheney
Comment by austin-cheney 3 days ago
All aspects of health care and health insurance in the US is inefficient by design to employ more people. The solution to that inefficiency is to eliminate many jobs. This is commonly known.
The problem though is that health care, while very expensive and not universally available in the US, is very good. It is not clear if destroying the large number of jobs to sufficiently make the health industry more cost effective will impact the quality of care and it will be economically disruptive. The primary reason why people are sheepish to solve that problem is that it’s politically toxic with no immediate profit incentive.
I noticed everywhere where jobs are eliminated, plenty of new jobs are created somewhere else. It's somewhat similar to a cyst.