Eye Exam Startup vs. South Carolina
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 28 December 2016
⏱️ 8 minutes
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| 0:00.0 | This is the Cato Daily Podcast for Wednesday, December 28th, 2016. |
| 0:05.0 | I'm Caleb Brown. |
| 0:07.0 | The profit margins for optometric services is goost by the fact that they also tend to sell you the glasses and the profession |
| 0:14.5 | doesn't like new competition. A law in South Carolina may end the provision of |
| 0:19.2 | so-called online eye exams there. Robert McNamara, the Institute for Justice, has taken the case. |
| 0:25.0 | We spoke earlier this month. |
| 0:27.0 | So walk me through the process of getting a pair of glasses. |
| 0:30.0 | You and I both wear glasses and ever since I was a child I understood the process. |
| 0:36.0 | Just go in talk to the optometrist, get your eyes checked, go out into the lobby, pick out some frames you like, and a few weeks later you get a pair of glasses that you then wear to school and are either made fun of or... |
| 0:51.0 | In our case, made fun of. |
| 0:53.0 | Perhaps so. |
| 0:54.0 | So what is wrong with that process and why is that process something that ought to be challenged? |
| 1:01.0 | So what's wrong with that process is that for a lot of people it's too |
| 1:03.8 | inconvenient, it takes too much time, it requires too much travel. The way it |
| 1:07.2 | traditionally works is you walk into a brick and mortar store and they |
| 1:10.4 | put the big space age thing over your face, it's called a faux-roctor, and they show you |
| 1:15.0 | show you different images and you tell a guy standing in the room |
| 1:17.8 | what you see. |
| 1:18.8 | Is this better or worse? |
| 1:20.1 | Is that better or worse? |
| 1:21.1 | You self-report what you see and that's the industry standard. |
| 1:25.1 | And the thing is in the modern era with modern technology, with the internet, with smartphones, |
... |
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