A rational free market option to Obamacare
Posted by ObjectiveAnalyst 10 years ago to Government
Upfront pricing, no middlemen, no traditional insurance companies and prices listed that are often less than many of today's insurance deductibles. The entire experience is only between you and the doctor. These types of services and facilities are starting to be found at more locations around the nation.
Dec 18, 2014
Web Exclusive: Free market medicine
Producer Rikki Ratliff visits a Surgery Center that doesn’t take health insurance!
http://www.foxbusiness.com/on-air/stosse...
http://www.surgerycenterok.com/
Dec 18, 2014
Web Exclusive: Free market medicine
Producer Rikki Ratliff visits a Surgery Center that doesn’t take health insurance!
http://www.foxbusiness.com/on-air/stosse...
http://www.surgerycenterok.com/
SOURCE URL: https://www.youtube.com/watch?v=hb_woGzJXTY
When our child's pediatrician office stopped taking our insurance, which we never use, they said they're sorry we can't use the doctor anymore. We said we didn't care. The billing office could not get the concept that we would pay them money. We had to get the doctor involved, who was a partner there and had some basic business sense. The docs typically hire medical billing people, and in my area medical billing people are used to people buying low-deductible insurance and putting every piddling little service through the insurance.
The USA, the supposed bastion of freedom and free markets sends people to other countries in order to experience freedom in healthcare. It makes me want to tear my hair out in rage. The stench in Washington permeates the whole country.
I wish them success. If this is the result of the ACA, then perhaps some good will result.
I had a MI heart attack a couple of years ago, had to be flown 100 air miles or so. While the company thought I was covered on Medicare, they billed $39,000. When they found out I didn't have that coverage, they dropped the bill to $10,000. So why was it a higher billing to Medicare than it was to me individually?
The history of government involvement in health care is coincident with the astronomical increases in the cost of health care.
I do not know if the insurance companies can do likewise with places like the Surgery Center of OK, or if they are legally constrained within the US.
Jan
Since you are interested, here is a site I found that has a spreadsheet showing different costs per country per procedure. It even lets you choose the denomination of the money. (The link is for hip replacement in USD)
http://www.treatmentabroad.com/costs/hip...
Jan
Yes medical care and especially hospital care is very expensive. Here are a few reasons: 1. People live longer than ever before, which is good. But old people require a lot more care than young which is bad. Also, medicine has advanced exponentially which is good, but it requires education, specialization, and very expensive equipment, which is bad. (Not to mention R&D) 2. Courts, lawyers, and lack of common sense have not helped the keep the price down. 3. The very nature of some far off insurance company paying the bill tends to keep cost scrutiny away from the individual responsible for the bill. 4. Hospitals are damn expensive to operate and they have a staff of highly skilled people on call 24/7 practically everywhere in the country. That includes equipment, the emergency transportation, heating and lights, maintenance, and so on. That’s good and bad. You never hear of some World Leader getting sick and flying to Canada, or England, or Switzerland. They come to America.
Can you add a few more reasons?
You are correct about longer lives requiring more medical intervention and about the increase of what we can do medically costing more. But you are not correct about the US having the best health care system in the world: our live birth and pregnancy complications statistics are not tops, nor is our life expectancy. Yes, people from Canada or England or Switzerland do fly to other countries than to the US to get various kinds of treatments - what kinds and where depend on the breakthroughs in the individual countries.
We are not at the top in medical technology, and I think we should be. If the government would just please get out of health care (where it has no business being) then we can advance more rapidly.
Jan