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by NCC1701 452 days ago
During last 20 years, the # of US physicians has increased 60% with a corresponding improvement in the ratio of physicians per person. Where are the price cuts that should come with more doctors and nurses adding to care capacity by practicing like MDs? Perhaps the health care market is more complex than can be explained by simple economic theory.
2 comments

In the last 20 years the US population has increased by 15%. And that population has also grown older and sicker, so demand is way up.

Healthcare supply and pricing is heavily controlled so you're correct that simple market based economic theories don't explain much about how it operates.

Weird I wouldn’t have known, I got a crazy wait for my physician and quality seems to have gone down
And then when you finally get an appointment, they can only spend 10 minutes with you and then rush to the next patient.
Docs are the face of the broken system and take the brunt of patient frustration over many flaws they have no control over. Try telehealth to get the access and responsiveness you need if your local medical facilities don't attract enough docs and nurses.