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Do you think that competition In the healthcare business keeps prices down, pushes prices up, or has no effect on prices?

Do you think that competition In the healthcare business keeps prices down, pushes prices up, or has no effect on prices?
Discussion Question:

Some experts say that competition helps keep medical costs down, yet others disagree.

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Do you think that competition In the healthcare business keeps prices down, pushes prices up, or has no effect on prices? Justify your response with examples and a reference.

Discuss the positive or negative impacts of competition in healthcare on the patient


 

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