Detailed text transcripts for TV channel - CNN - 20170810:11:54:00
Consumers are demanding, fifl, to know what things cost. they don't know, don't care, because somebody else is paying. we care deeply how much we pay for insurance that. is so far removed from what is actually happening at the provider level. so consumer-driven price competition works in every other economy but doesn't work in health care. >> except that health care isn't like anything else, right? >> right. >> the idea that competition will make it better, we haven't seen health care that has been greatly improved from a cost pkt because of competition. people need health care, it's much more...
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