3 ms·
I wonder if it might be possible to start some kind of group buying organization to negotiate insurance like rates without the actual insurance. I would seriou
by harryh 10y ago
I wonder if it might be possible to start some kind of group buying organization to negotiate insurance like rates without the actual insurance.
I would seriously consider going without insurance except for the highest cost goods & services (say over 100k) except for the fact that it will cost me more to go to the doctor for a check then my insurance company currently pays.
The group discount without the risk sharing would be a very interesting product for me. I wonder how many other people would be interested in such a thing.
- mindslight 10y agoThis would be pretty great, but so would real healthcare reform where businesses were simply required to publicly post uniform prices. I think a fundamental problem of trying to privately implement this idea is that medical businesses have an extreme amount of overhead simply to deal with insurance companies, but they don't precisely ascribe it to insurance as payment. From a doctors' office's perspective, the "actual cost" of providing you cash service still includes paying all their back office rather than just actual services rendered. Coming from the other direction, you have high-deductible plans that effectively do this in many more words. Plus that whole tax subsidy that fueled the growth of this institutional cancer in the first place.
- kasey_junk 10y agoIsn't the risk sharing a component in the discount? That is, aren't the providers more likely to collect from people participating in a risk sharing arrangement?