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re: CBO: Obamacare will have lower premiums, insure more, and cost government less

Posted on 4/14/14 at 11:11 pm to
Posted by Taxing Authority
Houston
Member since Feb 2010
57383 posts
Posted on 4/14/14 at 11:11 pm to
quote:

Healthcare is a commodity..
No. Not good healthcare, anyway. Good healthcare is the epitome of customized, and personalized. Not one-size-fits-all. By definition commodity products are mediocre. Why would anyone want to commoditize healthcare?

quote:

As the economy of scale increases the costs per unit decrease.
This is only true when customers are paying for the service. Adding non-paying customers does not scale very well. I suppose your theory could be summed up thus: "We will lose money on every customer, but we will make profit because there will be so damn many of them."
This post was edited on 4/14/14 at 11:14 pm
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