Healthcare Costs and Market Forces: An Analysis of the Industry
Summary
In this article, we discuss the issue of healthcare costs and how market forces are changing the industry. Lack of transparency in pricing has caused a culture of not caring about the cost of healthcare, leading to an addiction to having someone else pay for it. However, employers are now offering different healthcare plans, causing individuals to become more aware and care about the medical decisions they make. The speaker believes that individuals should be able to make decisions on things that affect them and that market forces should come into play in the healthcare industry.
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Conclusion
In conclusion, market forces are changing the healthcare industry, and individuals are becoming more aware and caring about the medical decisions they make. GE’s venture arm and startups in healthcare can help with the education process. Additionally, healthy food choices at G have been positively received by patrons. The speaker encourages individuals to take control of their healthcare decisions and for market forces to play a role in the industry.