"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Third-Party Payers and Perverse Incentives
Submitted by Westernerd on Thu, 2012-07-19 03:00
"With the advent of ACA, our incentives will become even worse. A long list of preventive services will be made available without any co—payment or deductible. Yet if the cost of these services to us is zero at the time we consume them, our incentive will be to consume them until the last bit is almost worthless."
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