Talk of The Villages Florida - View Single Post - Curiouser and curiouser: monies spent on medical care
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Old 07-31-2019, 05:53 PM
GrumpyOldMan GrumpyOldMan is offline
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Quote:
Originally Posted by retiredguy123 View Post
The only way to reduce health care costs is to require patients to pay a percentage of the cost every time they receive health care. That way they will shop around for lower cost providers and require providers to compete with each other. Insurance is fine, but if the coverage is 100 percent of the cost, there is no incentive for anyone to reduce the cost.
Tell this to the mother whose child was hit by a drunk driver and her child was air lifted to the nearest hospital to save their life.

Shopping is almost never possible in emergencies and emergencies are the most expensive healthcare - and they happen to everyone eventually.

Tell the person allergic to bee stings to "shop around" for the pen/injector to save their lives, when a man bought the patent as is the "sole suppler" of a $20 pen and sells it for thousands.

The ONLY way to reduce healthcare costs is to recognize that healthy citizens are a benefit to everyone (do you want to live next door to someone with ebola or measles or the black plague?) - it improves GPD by making businesses more profitable to have more productive healthy workers.

The way to reduce healthcare costs is to regulate the healthcare and pharmaceutical industries and treat health care as a right and not a profit center where big Pharma can black mail parents trying to save their children lives.