4 ms·
Research suggests that emergency room costs are 7% or less of total healthcare spending in the US (some studies claim it's as low as 2% of total yearly costs).
by tynpeddler 7y ago
Research suggests that emergency room costs are 7% or less of total healthcare spending in the US (some studies claim it's as low as 2% of total yearly costs). In other words, there's a lot of room for shopping around.
- distances 7y agoBut in the current system you can't. Nobody will tell you the cost of operation or treatment. It's not even malice: nobody knows what it'll cost. The system efficiently avoids competition.
- tynpeddler 7y agoMy comment was not made in a vacuum. It was intended to address the concern raised by jbeam that emergency situation in healthcare completely preclude the use of market dynamics. My point is that emergencies are only a small part of healthcare, and by themselves are not enough to derail the idea of bringing markets back to healthcare.
- distances 7y agoThanks for the clarification.