*Supplementing* Glen's analysis, there are MANY things in the modern economy that fit that model, including healthcare.
The insurance companies demand a steep discount in procedures. The hospital's have costs to cover. The only possible consequence is to dramatically increase the sticker price. There hospital doesn't expect someone to pay that much for a major procedure, they expect bulk buyers (i.e., insurance companies) to drive buisness at ther bulk price. (If some random person does pay sticker price every so often, all the better, but that's not ther primary goal.) Mattress companies, clothing stores, etc. that have massive sales 3/4th of the year are doing the same sort of thing. See also my continuous complaints about the "Big Mac Index". Only a small % of Big Macs in the U.S. are purchased at sicker price. The sticker price is primarily intended as something to discount off of. On Fri, Jul 2, 2021, 4:51 PM Eric Charles <[email protected]> wrote: > Something Glen's analysis, there are MANY things in the modern economy > that fit things model, including healthcare. > > The insurance companies demand a steep discount in procedures. > The hospital's have costs to cover. > The only possible consequence is to dramatically increase the sticker > price. There hospital doesn't expect someone to pay that much for a major > procedure, they expect bulk buyers (i.e., insurance companies) to drive > buisness at ther bulk price. (If some random person does pay sticker price > every so often, all the better, but that's not ther primary goal.) > > Mattress companies, clothing stores, etc. that have massive sales 3/4th > of the year are doing the same sort of thing. > > See also my continuous complaints about the "Big Mac Index". Only a small > % of Big Macs in the U.S. are purchased at sicker price. The sticker price > is primarily intended as something to discount off of. > > On Wed, Jun 30, 2021, 10:56 AM uǝlƃ ☤>$ <[email protected]> wrote: > >> Maybe. But remember, despite the prescriptive linguists out there: a) >> "troll" is not an insult and b) it can be accidental. >> >> All 3 of Russ' "people with grants", Barry's "rent seeking", and Pieter's >> "publishing profits are bad for science" responses are a trawler's delight! >> Rather than talk about the Strawman fallacy and it's variations, we're >> talking ... [sigh] again ... about capitalism and money. >> >> Call it naivete if you want. But it was a very effective troll. >> >> On 6/30/21 7:47 AM, [email protected] wrote: >> > Oh, I see. The point is to make getting the individual item so >> expensive that it just balances driving to the library (or doing ILL) with >> subscribing to the Journal. It's pure manipulation; costs have nothing to >> do with it. >> > >> > Glen, I think you persistently confuse naivete with trolling. >> >> -- >> ☤>$ uǝlƃ >> >> - .... . -..-. . -. -.. -..-. .. ... -..-. .... . .-. . >> FRIAM Applied Complexity Group listserv >> Zoom Fridays 9:30a-12p Mtn GMT-6 bit.ly/virtualfriam >> un/subscribe http://redfish.com/mailman/listinfo/friam_redfish.com >> FRIAM-COMIC http://friam-comic.blogspot.com/ >> archives: http://friam.471366.n2.nabble.com/ >> >
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