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Yes. The price mechanism is the essence of the free market.
As mentioned, any such law should specifically target the health care industry, but that will probably never happen.
even thats hard to do as what an insurance company pays for a process another one may not and so doctors are forced to charge more for one procedure and less for another depending on insurance companies and what they pay.
if they all paid equal amounts i can see standardized prices and allowances but they dont.
even thats hard to do as what an insurance company pays for a process another one may not and so doctors are forced to charge more for one procedure and less for another depending on insurance companies and what they pay.
if they all paid equal amounts i can see standardized prices and allowances but they dont.
If it various widely like this than they should just have a catalog in the actual office and one available on-line that a prospective patient can look through. You just look up your health care plan and then the procedure listed under that plan and it's corresponding price. And would this not help to drive prices down a bit? With patients being able to choose the more reasonable prices? Making local doctors more competitive on prices.
If it various widely like this than they should just have a catalog in the actual office and one available on-line that a prospective patient can look through. You just look up your health care plan and then the procedure listed under that plan and it's corresponding price. And would this not help to drive prices down a bit? With patients being able to choose the more reasonable prices? Making local doctors more competitive on prices.
It seems pretty obvious to me that this would hurt the doctors and insurance company's profits. How can they implement this without eating into their profits? Seems unlikely if you ask me.
It seems pretty obvious to me that this would hurt the doctors and insurance company's profits. How can they implement this without eating into their profits? Seems unlikely if you ask me.
i would love to see the elimination of health insurance (maybe except a catastrophic care plan) and places actually competing on price. you could have a nice menu and choose what you want at your local walmart.
i would love to see the elimination of health insurance (maybe except a catastrophic care plan) and places actually competing on price. you could have a nice menu and choose what you want at your local walmart.
You'd be eliminating an entire industry and reducing medical/pharmaceutical profits. How can that be good?
It seems pretty obvious to me that this would hurt the doctors and insurance company's profits.
How can they implement this without eating into their profits?
That is the whole point though.
That the entire "healthcare industry" has grown the way it has BECAUSE they've been able to hide their costs
and all choice processes related to costs from the consumer, who putatively at least, is still the one footing the bill.
Affordable, yes. Better quality? I'm not certain. Without the profits, less people will become doctors, and there would be less medical research. And again, you're removing an entire industry from the economy.
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