61–70 of 389 posts
One issue: it looks like the search is not respecting the zip code for me if I change it. For example, if I search for a procedure using the zip code the site auto-populates, my results are great. However, if I change the zip code to my actual neighborhood here in NYC, I'm seeing results from all over the country.
$298.00
$7,830.76
$7,299.85
$10,243.23
$13,964.19
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How are these even comparable?
It's always fascinating to see that even compared to prices you pay as a self-paying patient in Germany (which are already 1.5x - 2x higher than what the "public" insurances, ie. 85% of the population, pay for the same procedures), the prices in the US are about 5x to 10x higher. The standard of care seems to be quite comparable if you look at outcomes, so there must be huge inefficiences in the American system (doct…
I don't believe any medical professional in Germany has wage exceeding 150k EUR yearly after taxes - doctors in the US sometimes have multiples of that, coincidentally 5x to 10x more is not unusual.
Turquoise Health could be solving this need gap - 'How much will I be charged for my treatment'[1] posted on my problem validation platform.
You're welcomed to explain how Turquoise Health helps solve their problem in that thread.
[1]https://needgap.com/problems/122-how-much-will-i-be-charged-... (Disclaimer: It's a problem validation platform I created).
Earlier quoted context omitted.
For folks who don’t believe in universal medical coverage, this is part of the reason why it’s so inefficient for it not to exist. The uninsured person going to the hospital at 1AM that requires an MRI because slipped a disc in their back still ends up getting that MRI. When they fail to pay that bill, which would be 5%-10% of their annual earnings, we all still pay for it. We just decided to layer in debt collection…
My takeaway from all that research was the same. Almost everyone benefits from universal coverage but the system has to incentivize patients to shop around for the optimal balance of price, quality, and convenience. This can be accomplished with an annual deductible of a few thousand dollars perhaps capped at a % of income. Without this incentive, costs skyrocket. Price transparency is a pre-requisite without which c…
As I understand it, in most EU markets there's no price component, nor much of a choice component and costs haven't skyrocketed.
It's always fascinating to see that even compared to prices you pay as a self-paying patient in Germany (which are already 1.5x - 2x higher than what the "public" insurances, ie. 85% of the population, pay for the same procedures), the prices in the US are about 5x to 10x higher. The standard of care seems to be quite comparable if you look at outcomes, so there must be huge inefficiences in the American system (doct…
I don't believe any medical professional in Germany has wage exceeding 150k EUR yearly after taxes - doctors in the US sometimes have multiples of that, coincidentally 5x to 10x more is not unusual.
https://www.payscale.com/research/DE/Job=Physician_%2F_Docto...
https://www.payscale.com/research/US/Job=Physician_%2F_Docto...
It's always fascinating to see that even compared to prices you pay as a self-paying patient in Germany (which are already 1.5x - 2x higher than what the "public" insurances, ie. 85% of the population, pay for the same procedures), the prices in the US are about 5x to 10x higher. The standard of care seems to be quite comparable if you look at outcomes, so there must be huge inefficiences in the American system (doct…
I imagine it's on account of all the administration and intermediaries.
Earlier quoted context omitted.
For folks who don’t believe in universal medical coverage, this is part of the reason why it’s so inefficient for it not to exist. The uninsured person going to the hospital at 1AM that requires an MRI because slipped a disc in their back still ends up getting that MRI. When they fail to pay that bill, which would be 5%-10% of their annual earnings, we all still pay for it. We just decided to layer in debt collection…
My takeaway from all that research was the same. Almost everyone benefits from universal coverage but the system has to incentivize patients to shop around for the optimal balance of price, quality, and convenience. This can be accomplished with an annual deductible of a few thousand dollars perhaps capped at a % of income. Without this incentive, costs skyrocket. Price transparency is a pre-requisite without which c…
Universal coverage does not need to incentivise shopping around in a single payer system. Also, the majority of patients are not capable of evaluating quality of healthcare, nor should they be.
It's always fascinating to see that even compared to prices you pay as a self-paying patient in Germany (which are already 1.5x - 2x higher than what the "public" insurances, ie. 85% of the population, pay for the same procedures), the prices in the US are about 5x to 10x higher. The standard of care seems to be quite comparable if you look at outcomes, so there must be huge inefficiences in the American system (doct…
https://econtalk.simplecast.com/episodes/keith-smith-on-free...
Why are the prices so insane? Where do the money go? I'm from Eastern Europe so of course the prices would be different, but by an order of a magnitude at the minimum seems strange.
It is a sliding scale. American prizes are 3 times more than private clinic in Helsinki, and again those are 3 times higher than in Lithuania. For example ultrasonic diagnosis of your frozen shoulder is 600 Euros in USA, 200 Euros in Finland and 80 Euros in Vilnius. This issue is relevant, because European healthcare wont fix your shoulder, because it is a "cosmetic problem" and will disappear on its own in a year or…