Can we learn anything from the past about technology and the disruption it can cause to an industry?
Think about a few examples…
- The record and video stores are being replaced by online and/or mechanical counterparts. See netflix, itunes, redbox, etc…)
- Power generation went from individually owned windmill’s and watermills to centralized power plants
- Email has supplanted traditional mail in popularity and usage
Given that the health care delivery system is just now approaching the “tipping point” for being completly digitized, is government legislature really necessary when the past shows that innovation will inevitably come and reduce the cost, remove the friction, and improve our delivery system?
It’s the spirit of the free market system that has lead to countless examples of this in our short history as a nation and i hope that we don’t rush to judgement instead of letting the entrepreneurs duke it out. Let the most valuable solution win!
Death to PPOs HMOs and all the other insurance plans that don’t involve the consumer!