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So... Imagine there's a law banning surprise bills. No longer separate bills from a hospital and then from a surgeon and then from anesthesiologist and then from the janitor. No "oopsie, sorry, your pimple removal went wrong and you had a cardiac arrest, here's your bill".

How much better will things become?

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A law? How come hospitals and doctors that don't have surprise bills out-compete those that do? Surely if this was a thing that patients cum customers demanded, there would be a provider willing to step in an supply it.

Customers demand it, but customers are not willing to pay for it.

With a choice to pay $1k "with a small probability of surprise bill" or $5k all-included most patients will prefer the former.

That's how insurance should work in theory so its not like that's a new idea it's just that modern insurance companies are godawful at that original purpose of not screwing people over.

Healthcare in the US is a broken market due to regulatory capture among other things. If Buffett and Bezos and Dimon couldn’t solve it, it’s probably not going to be solved without the government breaking up the cartel. That’s a valid function of government even by fairly libertarian standards.

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