I recently heard a story about someone's experience getting a colonoscopy. It was a nightmare. They thought to check first to see if the anesthesiologist was in network. And of course, they weren't and the medical group / hospital system didn't have any anesthesiologist that was in network for this person's insurance. This person was also unable to find a in network place that had a in network anesthesiologist within a 6 hour radius. Given in, and nearly a year delayed in getting his colonoscopy, he got prior authorization from his insurance for the out of network anesthesiologist. This means he would only have to pay a 40% co insurance rather than having to foot the entire surprise bill. The bill still came to well over $2000.
Yet if you listen to the politicians, we still be far have the best healthcare system in the world. I guess they are right though if you look at it through a capitalistic lense and the profits it generates. But for care, only those who can afford to pay up receive said best care. Most do not.
NPR has a story about rent and that algorithm as well. One of the things they call out is one of the selling points of the algorithm is avoiding the appearance of collusion, since landlords no longer have to call around to see what others in an area are charging.
But since in any given area, the majority of properties are managed a small number or large corporate property management companies who all use the algorithm, the end result is essentially price fixing. Since they have a monopoly in the area and set the rate.
Sure, the landlords don't need to collude anymore, because the data the algorithm uses to set rent already has all the data.