4 ms·
Perhaps we could compare costs for procedures paid for by private or government insurers, vs those that are not covered by insurance i.e. cosmetic procedures. B
by ghufran_syed 9y ago
Perhaps we could compare costs for procedures paid for by private or government insurers, vs those that are not covered by insurance i.e. cosmetic procedures.
Bottom line is that where there is no 3rd party payer, competition works.
http://healthblog.ncpa.org/why-cant-the-market-for-medical-care-work-like-cosmetic-surgery/ http://healthblog.ncpa.org/why-cant-the-market-for-medical-c...
- tcbawo 9y agoThere is a large set of non-optional and emergency medical procedures where competition will remain nonexistent. Personally, I hope for AI to provide answers to cost-benefit analysis (treatment costs X, will reduce/improve chances by Y).
- speedplane 9y agoNot sure how AI is gonna help here. For many of these questions, we have committees of skilled humans with all of the information looking at the details, and they often cannot come to a consensus.
- tcbawo 9y agoBeing able to make data-driven healthcare decisions would help to improve the 'last mile' of health care delivery. Not everyone has a committee of experts at their disposal. I hope that we will rely on more on big data to deliver smarter and individualized healthcare. There should be a whole branch of quantitative analysis dedicated to improving outcomes and reducing costs (unnecessary medication, surgeries, tests, etc).