I don’t understand how anyone actually was in favor of the Affordable Healthcare Act because from what I saw, if you wanted a reasonable monthly fee, there was an outrageous deductible, but nevertheless, some Americans are concerned about what might happen if they are no longer being FORCED to buy health insurance.
But what if healthcare was just more affordable?
On this episode, we will be discussing the American Medical Association and its monopoly on healthcare. We will look at how although doctors receive schooling, they must still be licensed by the AMA (an organization of doctors) in order to practice. Naturally, it is in the association’s best interest to keep the supply of doctor’s relatively low in order to maintain their high income. Now this isn’t to say that in a free market there couldn’t be specialists who still charge the same amount, like the old saying goes, you get what you pay for. It is up to the consumer to do their research and decide which doctor is best for them. Consider this analogy: if you only use a computer for accessing the internet and writing word documents, why would you purchase a top of the line gaming computer? Similarly, one could pay less to visit a cheaper doctor when they injure their back lifting something for instance and just need some muscle relaxers and save the pricier visits for when they are experiencing symptoms of something more life-threatening.