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1st question: what is the market's incentive for lowering prices? When the idea is to charge as much as possible for providing the fewest services/products possible. When the only incentive is to generate the most profits.
2nd question: this piece is from 2006 or thereabouts, now 10+ years later, how did the rationale hold up?
Competition, same as in other economic sectors. But you already knew that
And those "dramatic changes" would still cost $32 TRILLION over 10 years. There's no getting around that.
No, thats just something you and the insurance industry through Urban Institute make up. Look, we understand why the health care monopolies dont like dramatic changes. They are making a killing.
No, thats just something you and the insurance industry through Urban Institute make up. Look, we understand why the health care monopolies dont like dramatic changes. They are making a killing.
Thanks to govt they are. Now you want the same guv to have the monopoly for itself. What could possibly go wrong?
Competition, same as in other economic sectors. But you already knew that
Which is a cruel joke in a market like health care, where "consumers" are desperate sick people with no medical knowledge. Its a market rife with price gouging and competition doesnt work at all. Go around looking for the cheapest heart surgery and see what you find.
Their donors are private foundations like Kaizer Permanente and a government that protects the insurance industry and big pharma. Urban Institute has absolutely no incentive what so ever to go against their donors.
Which is a cruel joke in a market like health care, where "consumers" are desperate sick people with no medical knowledge. Its a market rife with price gouging and competition doesnt work at all. Go around looking for the cheapest heart surgery and see what you find.
You can go cheap or expensive just as you can with a cell phone. You also dont know how a cell phone works yet you can quality compare them. Try a better argument next time.
You can go cheap or expensive just as you can with a cell phone. You also dont know how a cell phone works yet you can quality compare them. Try a better argument next time.
LOL, can you look up the price-benefit ratio of these heart surgeries from different providers you are talking about? Of course we have plenty of websites that compare the quality of phones and its easy for consumers to understand the pros and cons. Do you know of any websites that compare heart surgeries from different providers and how often sick and desperate people look up those heart surgery price comparison websites?
Thanks to govt they are. Now you want the same guv to have the monopoly for itself. What could possibly go wrong?
America has the most privatized health care system in the world and the craziest costs. For-profit health care means price gouging. On a massive scale. Consumers are sick, desperate people waiting to be exploited. Its like Wall Street being up against the 85+ elderly population with dementia symptoms and money in the bank. What can possibly go wrong?
LOL, can you look up the price-benefit ratio of these heart surgeries from different providers you are talking about? Of course we have plenty of websites that compare the quality of phones and its easy for consumers to understand the pros and cons. Do you know of any websites that compare heart surgeries from different providers and how often sick and desperate people look up those heart surgery price comparison websites?
Does the govt/ insurance system make it easy to go to the doctor of your choice? No, you have to stay in insurance co's network to get the service paid for. With insurance paying the bill, how many bother to scrutinize or question charges? About none. If a third party paid service paid for your cell phone would you care how much it cost? No you wouldn't.
Could there be private rating agencies that rate doctors on price and ability just as restaurants are rated? Of course there can.
The public has been bamboozled into thinking health care is some magical service that operates in its own bubble and must be protected from competition or immune to supply and demand.
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