Lissa has a post up on her impending Lasik surgery, which made me realize an interesting circumstance:
Lasik and plastic surgery are two procedures that are not covered by insurance plans, and therefore almost entirely subject to market supply and demand. If I want to believe the common criticisms of free market healthcare, Lasik and plastic surgery should be expensive as sin, since the providers can pretty much charge whatever they want.
Yet Lasik and plastic surgery become more affordable with each passing decade. When my friend Joerg had Lasik ten years ago, he paid almost twice what Lissa is paying now. In addition, I can call most Lasik providers or plastic surgeons, and I can guarantee you that I won’t have to wait very long for an appointment.
Imagine that: a health-related service that’s subject to the whims of the market…and it’s affordable and available.