Blue Mass Group

Clay Chrstenson’s article on this topic while only one page long is the best I have read. He considers that the cost problem is the result of competition – not lack of competition, but the effects of competition on decision making.  He states Most often innovation and competition drive prices up, not down, because bringing better, higher priced products to market is more profitable.  Hospital-vs.-hospital competition causes providers to expand their scope and offer more premium priced services.  Drugmakers develop- products that bring the highest prices.  It’s because we have such competition, not because we lack it, that health costs are rising by 10% a year. In the Probate and Family Courts in this state, in order to bring down costs and render legal services accessible, the rules have been changed to “unbundle” legal services.  Lawyers can now draft pleadings, without filing appearances as well as appear for just one motion.  The proclamation as to unbundling is actually revolutionary.  Before this change, an attorney would have lost their license, and attorney services were becoming priced out hurting both the attorney and client who needed help, but not hand holding every step of the way. Such “unbundling” fits the model of [...]