If doctors and medical professionals made their money with the expectation that they were actually treating or mitigating our chronic disease while disavowing all culpability, that would be prototypical moral hazard—like the insurance industry. But what if they treat us and take our money, knowing full well that they’re not even remotely coming close to addressing the problem? That is immoral hazard—knowing that what they’re doing is nonproductive, generating charges at their and society’s expense, price gouging off the sick, all in direct violation of the Hippocratic Oath.
