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by bonoboTP 603 days ago
Doctor salary is not the only or perhaps even the main factor in healthcare expensiveness, but taking on the overall cost disease in healthcare would broaden the scope too wide for this thread, I think.

Also, I admit that the balloon may in fact never pop, since one theory says that healthcare costs so much simply because it can. It just expands until it costs as much as possible but not more. I'm leaning towards accepting Robin Hanson's signaling-based logic to explain it.