Caveat Emptor, Caveat Venditor, "There be bullshit!"

Assuming the validity of these caveats in business transactions and managing transactions accordingly has long been accepted practice of prudence in transactions.

It seems it has also given license to inclusion of at least "near bullshit" in pitches to sell or buy.

The short-sightedness of this approach becomes apparent when an industry with a caveat business culture looks to third party support, such as raising capital to enable its transactions.

The capitalist and parties to the transaction then must devote what might be an inordinate amount of resources to demonstrate the factuality of the presented opportunity.

As befits bullshit, this business practice stinks and wallowing in it is stupid.

Health Demand Not Insatiable

We have often heard about the insatiability of healthcare demand, especially when it is taxpayer, publicly funded healthcare.  On its face, this has always been a ridiculous argument.

Think about your choices:
A.1. go to doctor (clinic, hospital, pharmacy whatever)
2. mow lawn
B.  1. go to doctor (clinic, hospital, pharmacy whatever) 
2. visit grandma
C. 1. go to doctor (clinic, hospital, pharmacy whatever)
2. wash the car
D. 1. go to doctor (clinic, hospital, pharmacy whatever)
2. golf
E. 1. go to doctor (clinic, hospital, pharmacy whatever)
2. read (write) blogs
and so on.
You get the idea.

Anyway, turns out the rise of healthcare cost to society is lessening, still rising, but at a slower rate.

How much of that cost is due to simple price increase where the number of service events has not increased, but the cost of each of them has?  Don't know.  Worth looking into as healthcare costs have traditionally seen much greater inflationary pressure than the broader economy.

And here's an interesting article on the issue:
http://www.nytimes.com/2012/04/29/health/policy/in-hopeful-sign-health-spending-is-flattening-out.html?_r=1&nl=todaysheadlines&emc=edit_th_20120429&pagewanted=all
Mike