Does the effectiveness of the U. S. healthcare system assume a substantial consumer surplus? Is there such a consumer surplus? Is there a substantial producer surplus?
Does the effectiveness of the U. S. healthcare system assume a substantial consumer surplus? Is there such a consumer surplus? Is there a substantial producer surplus?
It’s a faux consumer surplus. People with private insurance pay through premiums and reduced money wages for “free” health care, or by subsidizing the free riders.