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adamzerner comments on Open Thread, Jun. 22 - Jun. 28, 2015 - Less Wrong
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I'm willing to spend out of pocket. More generally, I value my life a lot, and so I'm willing to undergo costs in proportion to how much I value my life.
You're constrained by the size of your pocket :-) Being willing to spend millions on saving one's life is not particularly relevant if you current bank balance is $5.17.
Very rich people can (and do) hire personal doctors. That, however, has its own failure modes (see Michael Jackson).
Yeah, I know. It's just hard to be more specific than that. I guess what I mean is that I am willing to spend a much larger portion of my money on health than most people are.
Is that a revealed preference? ;-)