When you spend your money for a product you want, you look at costs, you research the product, sometimes you just impulse buy. However, you always justify the cost to yourself and you try to get the cheapest price for the best product the vast majority of time.

When you are spending your friend's/family member's money for a product they want, u don't do nearly the same research nor shop for the best deal unless u can keep the difference. If you are giving back the change u rarely shop between stores, use coupons, etc

When u spend a total stranger's money for a product they want & you get nothing for the shopping, u don't look at price, u don't worry about quality. Your goal is to complete the task as quickly as possible. The purchase is meaningless to u. It's your time that is of value to u.

This explains just one reason the costs and quality for healthcare differ if you cover the costs, a private health insurance company covers it or the government covers it. This is human nature and can't be changed. It's just the way it is. It's why we need audits and oversight...

.... committees, law enforcement, elections, and a free press on anything that involves the spending of public 💰. It's why there are laws against bribes, price fixing, and collusion, among others. It will always be this way. Human nature doesn't change.

It also explains to a large degree why the industries with the highest government spending like healthcare and college have the highest inflation rates and why almost every government program has major cost overruns from their projections.

If you want to reduce costs and improve quality you get the responsibility of paying for the product as close to the person using the product/service as possible while getting as many third parties that have no skin in the game out of the equation.

For the last 50+ years, we have been doing the opposite and exploding costs for less care is the result. But hey, let's go all in. Let's take the individual totally out of the equation and replace them with a totally unrelated third party that only cares about themselves.

That should end well.....🙄🙄🙄🙄🤕🤕