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The elastic nature of health care costs and the disconnect between the people making the purchases and the people paying the bills. If you have insurance, chan
by rednerrus 8y ago
The elastic nature of health care costs and the disconnect between the people making the purchases and the people paying the bills.
If you have insurance, chances are that you are not asking your doctor how much something is going to cost. You are not likely to shop around or work to get the best deal. As a healthcare provider, where is the incentive to bring costs down.
- jedharris 8y agoAlso, hospitals typically won't tell you how much something will cost, so you can't shop around even when you are willing to. Also sometimes hospitals will lie about what they will charge -- happened to my daughter regarding her appendectomy. Should count as fraud.