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Relevant quote from the article re: what an effective solution needs to achieve: >The real issue isn’t whether we have a single payer or multiple payers. It’s
by throwaway729 10y ago
Relevant quote from the article re: what an effective solution needs to achieve:
>The real issue isn’t whether we have a single payer or multiple payers. It’s whether whoever pays has a fair chance in a fair market. Congress has given Medicare that power when it comes to dealing with hospitals and doctors, and we have seen how that works to drive down the prices Medicare pays, just as we’ve seen what happens when Congress handcuffs Medicare when it comes to evaluating and buying drugs, medical devices and equipment.
> Stripping away what is now the sellers’ overwhelming leverage in dealing with Medicare in those areas and with private payers in all aspects of the market would inject fairness into the market. We don’t have to scrap our system and aren’t likely to. But we can reduce the $750 billion that we overspend on health care in the U.S. in part by acknowledging what other countries have: because the health care market deals in a life-or-death product, it cannot be left to its own devices. Put simply, the bills tell us that this is not about interfering in a free market. It’s about facing the reality that our largest consumer product by far — one-fifth of our economy — does not operate in a free market.
The article's list of actionables seem like a good first step:
> We should tighten antitrust laws related to hospitals to keep them from becoming so dominant in a region that insurance companies are helpless in negotiating prices with them.
> we should tax hospital profits at 75% and have a tax surcharge on all nondoctor hospital salaries that exceed, say, $750,000
> We should outlaw the chargemaster.
> Finally, we should embarrass Democrats into stopping their fight against medical-malpractice reform and instead provide safe-harbor defenses for doctors so they don’t have to order a CT scan whenever, as one hospital administrator put it, someone in the emergency room says the word head.
- ScottBurson 10y agoI agree with most of this, but > We should outlaw the chargemaster. I don't know how that would work. My thought was to require it to be published.
- Melchizedek 10y agoHow about capping the salaries of doctors at, say, 100,000 and nurses at 60,000? US salaries in health care are incredibly high. Administration and the like could be capped at the nurse level. Only a very small minority could realistically get higher paying jobs outside the US anyway. If your main motivation is to make a lot of money, choose a different career. Also, cap profits to almost zero while moving to a completely not-for-profit system.
- throwaway729 10y agoCapping admin salaries makes a lot of sense. Maybe not at nurse level, but at doctor level for sure. Capping doctor's salaries at $100,000 is probably a bad idea. Some cap might make sense, but definitely not $100,000. $100,000 may sound like a lot, but keep in mind that US doctors take on a lot of debt -- both actual and in terms of opportunity cost. And they also take on a lot of personal risk up until the point where they become doctors. And sometimes even after thatn. So you're not really saying that should make "around what a software dev makes". You're actually saying that doctors should make significantly less than your average software developer. Driving smart and driven people away from medicine doesn't seem like a great idea.