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Cost of Medical Procedures in Other Countires
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2017 Mar 16, 8:08pm 13,420 views 61 comments
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As Patrick has said, full price transparency by every provider would do miracles in bringing down the price of healthcare. Focusing on the payer side is stupid...that will naturally follow as provider prices plummet. I believe Rand Paul's plan comes closest to accomplishing this.
The US health system and political system are both a disaster that can't be fixed. For the same reason. The ever increasing ability of wealthy people and corporations to spend large amounts of money to influence the process to their advantage.
So true.
Your entire post - one of the best/most informative I've read on PatNet.
Republicans would love a 37% tax rate for a medical system totally controlled by the government?
Did you actually read what xyliang wrote? The part that goes into the medical fund is only 7.7% (of the first 50K salary).
True, I meant to type system not medical system. However It is all intertwined. I still don't think the republicans would go for 7.7% and total government control. He also didn't discuss what happens if someone doesn't have enough in the account to cover a major medical event. Read Affordable Excellence if you want to know how the whole system works in detail.
As Patrick has said, full price transparency by every provider would do miracles in bringing down the price of healthcare.
Feel free explain how this miracle will happen in detail since the vast majority of people have their medical bills paid by a third party. The information is out there on the internet already and I don't see any miraculous bringing down of the price of healthcare.
Patrick
2017 Mar 25, 7:24pm
The information is out there on the internet
Actually price agreements between insurers and providers are highly confidential.
You can sort-of find out some prices that insurers pay and some prices that the uninsured public pay, but it's a very long way from transparency.
The miracle will happen if people can shop around.
Actually price agreements between insurers and providers are highly confidential.
You can sort-of find out some prices that insurers pay and some prices that the uninsured public pay, but it's a very long way from transparency.
The miracle will happen,if people shop around
if people shop around
So what is going to inspire huge numbers of people to shop around when the insurance company is paying anyway? A question that never is addressed by the price transparency cult. Just the chanted mantra of price transparency, price transparency.
Most people choose a doctor by recommendation of someone they know or the closest doctor to them off the insurance company list of doctors. If people did somehow miraculously find the inspiration to shop around the odds are very high are the cheaper doctor won't be on the same insurance plan. What then?
I;m not against price transparency, but it's not going to save much if it happens. Unless human nature changes also.
And besides, if you were a good and proper Christian, god would heal you if you prayed for it.
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Heck, let's actually list the costs.
America is so fucked by random unknowable medical costs that we are the laughing stock of the world.