Earlier quoted context omitted.
I'm not sure what that proves, given that you went to a grocery store instead of a pharmacy.
I'm guessing parent was saying that most medical spending is payback for terrible US American eating habits?
Health insurers just published close to a trillion hospital prices
161–170 of 549 posts
Re: Health insurers just published close to a trillion hospital prices
#162Earlier quoted context omitted.
How much do you think it costs to maintain all these negotiated contracts VS just having a single payer system with the same price for all procedures?
It's very expensive, carriers have an economic incentive to simplify it and this is still where they end up. There are a long tail of provider circumstances that the single-payer model will need to figure out. Some examples: * Small hospitals in low-density, underserved areas have to make up for underutilized equipment and personnel costs. They raise prices on unrelated, common procedures to break even (This is very…
This is precisely why most Doctors I speak with are abhorrently against a single payer system.
Re: Health insurers just published close to a trillion hospital prices
#163Earlier quoted context omitted.
Healthcare in the US is definitely not driven by the free market. It is probably one of the most regulated industries. Whatever disfunction you want to call out in US healthcare it is going to be difficult to pin that on the free market.
Free market? Capitalism. I know we're on HN but, say the word? Capitalists take a cut. Shareholders of big pharma, insurance companies and hospitals are why healthcare in the US is expensive. Public sector not being monopolistic is why healthcare in the US is expensive. In France, social security reimburses about 70% of most costs. Cheap private insurance reimburses the rest. About 75% of public hospitals and not for…
Re: Health insurers just published close to a trillion hospital prices
#164My current assumption is that private healthcare/insurance is to blame, because countries without that or with less generally have better outcomes at less cost. Looking for evidence to the contrary
Re: Health insurers just published close to a trillion hospital prices
#165Someone with the right connections should call up Google Cloud and ask them to ingest the data into BigQuery as an example dataset like the NY taxi trips. It would be a great way for them to show off the capabilities of the engine and helpful for everyone wanting to do analysis on it. https://cloud.google.com/bigquery/public-data
https://drive.google.com/drive/folders/1zmNEPoVCa0kIVBIu2hu7...
Re: Health insurers just published close to a trillion hospital prices
#166My current assumption is that private healthcare/insurance is to blame, because countries without that or with less generally have better outcomes at less cost. Looking for evidence to the contrary
> Looking for evidence to the contrary
There was no evidence behind your claim either. 90% of US healthcare costs go to managing ( not treating ) obesity/metabolic disease . Yes 90% [1].
Which country with similar metabolic disease rate has better outcomes with less costs?
Re: Health insurers just published close to a trillion hospital prices
#167Re: Health insurers just published close to a trillion hospital prices
#168Anyone else get the feeling this is malicious compliance on behalf of the insurance companies? "Oh, they're going to force us to publish our prices are they? Well we'll publish so much data it'll take a herculean effort to make it readable to anyone that doesn't work in data engineering"
It might be a little exciting to be an underwriter right now :D
Re: Health insurers just published close to a trillion hospital prices
#169Earlier quoted context omitted.
Do you consider the amount that the US spends per capita on healthcare relative to other countries for the same standard of care a "failure" of the healthcare industry? Or is there some other reason healthcare "just costs more" here? Also wondering what you think a solution is - single-payer for better and simpler price negotiations, or some other approach? My main concern is if we're spending 20% of GDP on something…
Healthcare is such a base layer of the economy, I find comparisons to be extraordinaly difficult between countries. On the most basic level our pathway to becoming a healthcare provider of all sorts is dramatically more expensive and limited than other countries, what healthcare providers are paid is dramatically more than other countries, we invest many times per capita what other countries put into basic medical re…