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LS6 t1_j0z3f27 wrote

Reply to comment by S-Kunst in U.S. hospitals are required to publish their prices for medical procedures now, so my friends and I collected around 2 million prices from 33 hospitals in Maryland and created a search engine where anyone can see how much they may be charged. Let me know what you think! (x-posted from r/Maryland) by Dr_Midnight

Because they're both cases where people largely aren't spending their own money.

For healthcare, the vast majority of people have health insurance and only care about their copay.

For higher education, the open spigot of government guaranteed loans ensures tuition and costs will grow to match the available funds.

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S-Kunst t1_j139npl wrote

Yes, I think not spending one's own money is a prime reason. If people could get quick loans for car repairs, mechanics would prob start over charging, knowing there was an easy money source. Now they realize that people have to take it from their own pocket, this keeps them more in check. I am convinced that this whole student loan crisis has been because people can get school loans fairly easily.

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