Quote:
Originally Posted by oneclickplus
Medical costs are high because there is very little market knowledge. People need to be able to see a price list and get a quote BEFORE scheduling service or choosing a pharmacy. Obviously, this is not the case for an emergency situation. But, the vast majority of medical purchases for service and pharmaceuticals are routine. I should be able to visit multiple websites to see both patient reviews of doctors' services as well as the cost of various services by same. Ditto with pharmacies and costs for drugs - a complete price list made public. And perhaps some kind of mechanism where the consumer is rewarded for making better economic choices with that information. For example, make the co-pay (there should always be a co-pay, never a no-cost transaction) a percentage of the price giving the consumer (insured or not) the proper incentive to make good choices. Competition works but not when prices are hidden and surprise billing exists.
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Your suggestions are excellent. Hopefully the medical professionals on TOTV will discuss it.
And $14,000 for a facility fee!!!!
No wonder states are trying to regulate them!
States move to put limits on health care "facility fees"