2 ms·
I think there are a ton of inefficiencies that could be fixed, but I don't think we need to risk destroying our economy to fix it. There are a lot of reasonable
by beatgammit 7y ago
I think there are a ton of inefficiencies that could be fixed, but I don't think we need to risk destroying our economy to fix it. There are a lot of reasonable, incremental steps we can take.
This is an older article[1] (2003), but I imagine the findings are only more relevant today. It compares the costs of the US healthcare system and Canada's, and there are huge discrepancies in price. Obviously the systems are very different, but I think we can trim the administration costs while keeping our privatized system.
I'm not an expert, nor have I done a ton of research, but it seems that making costs transparent (and having instance pay advertised costs) would go a long way to cutting costs. Care providers do a lot of work to deal with insurance, so if we move that to insurance companies, they'll find ways to reduce their own costs and we can eliminate a lot of redundant jobs. Medical care providers should focus on medical care, insurance should focus on financial care, and individuals should shop for the best deal. Ideally, I only interact with my insurance when I need it, much like auto and home insurance. I don't tell my auto insurance every time I change the oil, so why do I do the same for health insurance and checkups?
- [1] https://www.nejm.org/doi/full/10.1056/NEJMsa022033 https://www.nejm.org/doi/full/10.1056/NEJMsa022033