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There’s no doubt that our medical system’s expensive to a point of comedic tragedy. No shortage of private and public entities have tried to make medicine cheaper. Ironically, the federal government tries to spend money to save you money in healthcare. Enter the subsidy, an economic instrument both loved and detested by many. Subsidies are used in many parts of the economy, but with medical care in particular, the feds tackle drug development and health insurance among other sectors. Today’s episode tells you why assistance with medical funding makes healthcare both cheaper and pricier for you.
There’s no doubt that our medical system’s expensive to a point of comedic tragedy. No shortage of private and public entities have tried to make medicine cheaper. Ironically, the federal government tries to spend money to save you money in healthcare. Enter the subsidy, an economic instrument both loved and detested by many. Subsidies are used in many parts of the economy, but with medical care in particular, the feds tackle drug development and health insurance among other sectors. Today’s episode tells you why assistance with medical funding makes healthcare both cheaper and pricier for you.