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> Low prices = more demand.

But low prices = less supply. And prices that the people actually getting the health care can't see = even more mismatch between demand and supply.

It's not just that people want more health care if the prices are lower; they want more health care that they shouldn't be getting, because they're not balancing the benefit to them against the actual cost; they're only balancing the benefit to them against the cost that they see. If they saw the full cost, they would not demand as much because they would realize that the resources they are demanding are not cheap.

In other words, the artificially low price of health care makes people think it's more abundant than it actually is, so they use up resources for minor problems that are then not available to address major ones; so many people are going to the doctor for colds and hangnails that people with serious illnesses aren't getting the care they need. The longer wait times are a symptom of that.

Also, since the prices are artificially controlled, there's less incentive for people to become doctors, nurses, and other health care workers; so there are fewer of them to go around, but more demand. Which further exacerbates the above problems. The longer wait times are a symptom of that too.




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