Americans have read or experienced a myriad of
healthcare horror stories since the implementation of Obamacare. It is obvious that there is a correlation
between higher cost and government mandates and regulations. This is basic economics. Common sense should dictate when a
customer/patient takes an active role in the cost/benefit analysis when
conferring with his doctor, health care cost are reduced. This shouldn't be a surprise.
The Boston Globe published an article detailing one
woman’s frustration that led to an epiphany.
Here is an excerpt:
When
Americans rely on a third party — private insurance, Medicare, or Medicaid — to
pay most of their medical bills, they forfeit their power as consumers. Our
ill-conceived system of subsidized health plans provided by employers and
taxpayer-funded “free” treatment through the government ends up stripping
patients of their economic clout. Doctors and hospitals have little incentive
to compete by lowering prices, because patients rarely bother to ask about
prices. By and large, health care providers in the United States do most of their
negotiating with insurers or the government. After all, they’re the ones paying
the piper.
It’s only when medical services aren’t reimbursed
by a third party — think of Lasik eye surgery or veterinary care or the growing
number of direct-pay “concierge” practices that don’t accept health insurance —
that the consumer is king. When providers are paid directly by customers,
transactions are transparent, prices fall, choices proliferate, and consumer
convenience becomes a priority. Bills reflect actual prices, not inscrutable
codes and deductibles and “adjustments” negotiated way over patients’ heads.
Is it possible that liberals are waking up to this fraud? They should.
We’ve only being carping about this for years.
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