3 ms·
For years, I paid much more out in insurance than I would ever spend that year. Last year, I had a $35,000 surgery. Heck, I spent so much on medical care last y
by beat 10y ago
For years, I paid much more out in insurance than I would ever spend that year. Last year, I had a $35,000 surgery. Heck, I spent so much on medical care last year that I had a "luxury colonoscopy" in December, because I knew I'd hit my out-of-pocket cap for the year.
That colonoscopy was $6000, btw. This, for preventative care that could save hundreds of thousands of dollars from colon cancer (and quite possibly my life) down the road. In a well designed system, price controls would put preventative care like colonoscopies below actual cost (and make the money up elsewhere), to save money at the macro level.