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Most healthcare consumers don't shop around by cost for their healthcare because they don't pay the bills.
by nostromo 11y ago
Most healthcare consumers don't shop around by cost for their healthcare because they don't pay the bills.
- toomuchtodo 11y agoTrue! But the healthcare market is grossly inefficient. Prices are hidden from users. Drug makers can pitch straight to consumers, who aren't medical professionals. I'd agree that consumers would shop around given the proper incentives, and as long as those incentives didn't diminish the healthcare they receive (or their health in general). Single payer seems to be the better option. It streamlines collecting revenue for the program, and the program is large enough that it can bargain or set pricing with healthcare providers.
- bmelton 11y agoYou could easily argue that "Most healthcare consumers don't shop around by cost for their healthcare because they don't pay the bills" is a good argument against single payer. Honestly, I think if we treated medical insurance more like we treated car insurance, home insurance, et al, then the cost of medical goods would go down.