Yep this^ if anyone is interested, look up sticky ceiling in the medical industry. It is an economic theory explaining part of why cost is so high.
Edit: as I was searching for a link it seems that “sticky ceiling” was a term coined by NPR to refer to “price stickiness” that was tending toward highest prices in the medical field.
SilverSageVII t1_je85jo5 wrote
Reply to comment by horrifyingthought in ELI5: What is Universal Healthcare by Thegreatcornholio459
Yep this^ if anyone is interested, look up sticky ceiling in the medical industry. It is an economic theory explaining part of why cost is so high.
Edit: as I was searching for a link it seems that “sticky ceiling” was a term coined by NPR to refer to “price stickiness” that was tending toward highest prices in the medical field.