4 ms·
Lack of price transparency is a huge, huge problem. Without price transparency you can't have a market system -- America already has a socialist health care sy
by mhneu 10y ago
Lack of price transparency is a huge, huge problem.
Without price transparency you can't have a market system -- America already has a socialist health care system because no one can price shop.
- m-j-fox 10y agohttp://www.pamf.org/forpatients/pamf-health-care-costs-and-charges.html http://www.pamf.org/forpatients/pamf-health-care-costs-and-c... Your Better Health Care organizations do publish prices. The outfit across the street from PAMF does not publish prices and as you could guess, they end up being at least 10 times higher. For everything.
- majormajor 10y agoPrice transparency isn't that useful without outcome transparency. Outcome transparency without thought about capacity leads to other issues: the best don't have enough time to serve everyone. We need to figure out how to improve the baseline rather than improve the top-end, which is what things are currently focused on (if my insurance has no problem with me going to a more expensive, highly-regarded provider, why won't I try to get in there?). How is a "market" supposed to work for life-saving surgery? I would be very interested in how much money is wasted on wrong treatments, unnecessary tests, fixing mistakes like disease transfer in hospitals, versus just paying the best doctors and surgeons for their time.