Information asymmetry relating to price between providers and patients is an unfortunate feature of healthcare in the United States and Texas. Pricing information asymmetry, wherein patients have insufficient information about healthcare prices, may lead to patient confusion, dissatisfaction with service, or even the avoidance of care due to fears of unknown costs. Notably, 62% of Texans reported forgoing healthcare due to anxieties about cost.
Let’s fix healthcare costs before the socialists try to do it
The reason people are flirting with the idea of socialism is simply that the costs of healthcare and housing are too high and Congress is not solving it. Those in power get the blame. With the seeming internal take-over of the Democratic Party by the Democratic Socialists of America, the promises of quick fixes by...