Earlier quoted context omitted.
Free market works fine, unfortunately like tuition prices the government got involved and prevented what the free market is good at and driving down prices. Fortunately now there a new price transparency laws which the full the effects haven’t been felt yet and are a step in the right direction.
When free market doesn't work, free market advocates have their solution : there wasn't enough free market, so we need MORE free market.
The ER charged him $6,589.77 for 6 stitches, cost that led his wife to avoid ER
191–200 of 339 posts
Re: The ER charged him $6,589.77 for 6 stitches, cost that led his wife to avoid ER
#192Earlier quoted context omitted.
Cool story. So what you're saying is there is an horrendous creeping bueaucracy cost here. Funny, because that's exactly what free market proponents argue is the cause of inefficiency in publicly managed healthcare systems, and the reason to move towards models based on the US system. Someone is lying.
> Someone is lying. It’s you, to yourself. What we have is not by any stretch of the imagination a free market solution. It’s insane amounts of paper pushers created by the government. The whole insurance system we have is an impractical mess designed to fail. The free market would never have designed something so customer unfriendly, people would have gone elsewhere had competing solutions been allowed to exist. In…
Re: The ER charged him $6,589.77 for 6 stitches, cost that led his wife to avoid ER
#193Edit: Another question I want to ask after reading some of the other comments. 3. Doesn't big companies in the US keep medical staff for basic medical emergencies like this? That would be free of cost for the employees if things are similar to how it is here.
Re: The ER charged him $6,589.77 for 6 stitches, cost that led his wife to avoid ER
#194Re: The ER charged him $6,589.77 for 6 stitches, cost that led his wife to avoid ER
#195Earlier quoted context omitted.
The United States leads the way in treatments and medical tech, but this gives me the impression that the US society is not benefiting as it could from that.
This seems poignant. The cost/benefit analysis does not seem to be aligned with the market. I suspect it’s driven purely by lack of qualified practitioners.
Re: The ER charged him $6,589.77 for 6 stitches, cost that led his wife to avoid ER
#196Earlier quoted context omitted.
$400 still sounds high, to be honest.
I paid $400 for a plumber to do 30 minutes of work this week. A doctor has more training and a lot higher infrastructure costs and overhead, and thus a higher hourly fee.
Re: The ER charged him $6,589.77 for 6 stitches, cost that led his wife to avoid ER
#197Earlier quoted context omitted.
Free market works fine, unfortunately like tuition prices the government got involved and prevented what the free market is good at and driving down prices. Fortunately now there a new price transparency laws which the full the effects haven’t been felt yet and are a step in the right direction.
When I got my tonsils removed my options were the $75k surgery at the private hospital, or waiting 3 months at the public hospital. I actually stopped consulting and took a job so that I could get insurance, and had the surgery two weeks later. A few years back I broke my wrist while bicycling across England. I was patched up and casted a few hours later, I think the bill was about $200, as a foreign tourist. It wasn…
Re: The ER charged him $6,589.77 for 6 stitches, cost that led his wife to avoid ER
#198This is absurd. Even in a country with liberal economics and "free choice" health system (however with universal care, and state regulation), the same stitches in a world-class private clinic in Santiago, Chile would cost 400 USD, before insurance . The clinics there are not the ones Americans imagine from a middle-income country, most of them have better infrastructure and doctors than the ones I know in Europe. And…
The US is not a market-led economy in healthcare; I currently live in a country with universal healthcare and I make clear to people that when I disagree with universal healthcare it is not because I think it should be more like the US.
Re: The ER charged him $6,589.77 for 6 stitches, cost that led his wife to avoid ER
#199It is called "health care" and you are doing neither.
I live in a second world country called Poland and even here with all our failings and problems we are not afraid to go to ER when we need stitches.
Organizing medical help should be basic responsibility of a government the same way it should be to get its children to be educated and have good start for life.
Nation is a collection of people that work together so that they can prosper but, most importantly, fulfill their basic needs including a need for safety.
I can think of no large group of people that would say "Let's work together. But maybe let's decide we are not going to to deal with our life threatening problems that can hurt as sometimes completely at random.
When people talk about helping a third world country what are the first thing that are being mentioned? It is usually building schools and hospitals. Because educated and healthy people can take care of themselves. Why would USA decide to not provide free education and free healthcare is completely beyond me.
Re: The ER charged him $6,589.77 for 6 stitches, cost that led his wife to avoid ER
#200This is absurd. Even in a country with liberal economics and "free choice" health system (however with universal care, and state regulation), the same stitches in a world-class private clinic in Santiago, Chile would cost 400 USD, before insurance . The clinics there are not the ones Americans imagine from a middle-income country, most of them have better infrastructure and doctors than the ones I know in Europe. And…
The US is not a market-led economy in healthcare; I currently live in a country with universal healthcare and I make clear to people that when I disagree with universal healthcare it is not because I think it should be more like the US.
Your opinion sounds nuanced and, therefore, possibly interesting.