Monday, February 10, 2014
Inevitability of Medical Inflation
Ms Cheam point? Medical insurance ultimately inflate the cost of healthcare
My point? People fail to react to how doctors and the industry is taking advantage of the system to enrich themselves at our expense.
At any one time only a small fraction of us are sick and need to cough up big sums for treatment. Those who awaits their turn needing medical attention in some unknown future always do not bother themselves with such issues (I think this attitude will change sometime). So the healthcare industry preying on patients' insecurities and arbitraging the knowledge gap could charge the sky.
Posted by PengYou at 9:42 AM