11–20 of 97 posts
It's sort of like if your boss asked you to something and offered to pay 200% of your costs. You'd certainly have an incentive to overstate them!
> Orla’s forehead was sealed with a dab of skin glue for $1,696. On Reddit, where this stuff is discussed more, I just urge people if they can get away with it (they are conscious and can hide their wallet, for ex), to just give them a fake name. Almost $2k for a dab of skin glue? No! I don't care what complicated politico-economical factor lead to that. Free market, over-regulated market,expensive doctor's education…
I agree that's stupid, but that's how the system works for paying for medical care in the US. From the perspective of the hospital, it makes perfect sense.
"Administrative costs of running our health care system are astronomical...Duke University Hospital has 900 hospital beds and 1,300 billing clerks. The typical Canadian hospital has a handful of billing clerks."
There have been some data sets released by CMS, but they're far from comprehensive.
> Orla’s forehead was sealed with a dab of skin glue for $1,696. On Reddit, where this stuff is discussed more, I just urge people if they can get away with it (they are conscious and can hide their wallet, for ex), to just give them a fake name. Almost $2k for a dab of skin glue? No! I don't care what complicated politico-economical factor lead to that. Free market, over-regulated market,expensive doctor's education…
Have you seen the profit margins for the hospitals with these high prices? They certainly aren't raking it in. I agree that's stupid, but that's how the system works for paying for medical care in the US. From the perspective of the hospital, it makes perfect sense.
Both my kids required a few stitches near their eyes. Did I opt for the $30 suture kit and do it myself? or did I opt for on-demand (there & ready, patients or not) doctor analysis (risks of fractured skull or aggressive infection), sedatives (both wriggled & screamed as I held them still, how much worse without?), experienced threading, and whatever other ideals applied? "Sure you can buy a hamburger for a dollar. B…
It completely screws anyone not 'in the game'.
Luckily medical costs are generally reasonable here in Australia, but we still see crazily inflated housing prices due to residential property being treated like a stock.
Huge tax incentives are given to those 'investing' in property while 'buy to live' buyers like families get screwed.
Also, having your employer involved AT ALL with your medical insurance/bills is fucking insane.
How on earth can you think a free market solution is appropriate for emergency medical care? For elective procedures, sure. For the ER? How do you expect the consumer to have perfect knowledge, rationality and freedom of choice in that scenario? If your kid is gushing blood, you call an ambulance to take them wherever they can get patched up the fastest. To expect someone to shop around until they find an equilibrium…
How on earth can you think a free market solution is appropriate for emergency medical care? For elective procedures, sure. For the ER? How do you expect the consumer to have perfect knowledge, rationality and freedom of choice in that scenario? If your kid is gushing blood, you call an ambulance to take them wherever they can get patched up the fastest. To expect someone to shop around until they find an equilibrium…