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It would only work if taxes were raised and private health insurance was outlawed, however.
America does not have "free market competition" in healthcare. It's a collusion-based system, just like the mainstream media.
Why can't you go to a website and see a comparitive list of what an office visit cost? Why can't you receive an order for tests from your doctor and you can shop prices for that catscan or blood test and then choose where you want to go based on price, location, distance, etc.
originally posted by: cognizant420
a reply to: dfnj2015
well, i tell you what i know about the costs in the medical industry where i live at. i broke my arm, just small hairline fracture. no insurance and with ex-rays, sling and velcro brace i spent around 320 bucks. friend of mine with insurance broke his arm about a year before that, hairline fracture. he had insurance and it cost his insurance company 1200 bucks for pretty much exact same treatment.
"These insurers and providers have a symbiotic relationship," "There's not a great deal of incentive on the part of any players to bring the costs down."
Insurance companies may also accept high prices because often they aren't always the ones footing the bill. Nowadays about 60 percent of the employer benefits are "self-funded." That means the employer pays the bills. The insurers simply manage the benefits, processing claims and giving employers access to their provider networks.
These management deals are often a large, and lucrative, part of a company's business. Aetna, for example, insured 8 million people in 2017, but provided administrative services only to considerably more — 14 million.
Insurance companies may agree to pay higher prices for some services in exchange for lower rates on others.
originally posted by: Irishhaf
a reply to: carewemust
actually you can look it up even simple non-emergency procedures are thousands more if you use govt insurance.
Stuff like Knee surgery, 1500 at a surgery center vs 6k+ for use of Medicare.