An Examination of The "Baby Business"
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Overview
Dr. Maurice Pickard speaks with Debora Spar on aspects of the "Baby Business" phenomenon in the U.S., where procreation has developed into a business with economic rules of commerce. Unlike other businesses, the partners are not always informed, there is no competition, and there is no transparency in the face of a desperate customer/patient. The segment examines reasons why the federal government has avoided confronting the unclear stance of the insurance industry in this sector, why laws vary from state to state, and why contracts are repeatedly written which cannot be enforced.
Overview
Dr. Maurice Pickard speaks with Debora Spar on aspects of the "Baby Business" phenomenon in the U.S., where procreation has developed into a business with economic rules of commerce. Unlike other businesses, the partners are not always informed, there is no competition, and there is no transparency in the face of a desperate customer/patient. The segment examines reasons why the federal government has avoided confronting the unclear stance of the insurance industry in this sector, why laws vary from state to state, and why contracts are repeatedly written which cannot be enforced.
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