3 ms·
Doesn't that apply to for-profit hospitals as well? In both cases, there is an incentive to avoid paying for excess capacity. The cost advantage of a single-p
by MereInterest 7y ago
Doesn't that apply to for-profit hospitals as well? In both cases, there is an incentive to avoid paying for excess capacity.
The cost advantage of a single-payer system is in larger negotiation. A single person has no leverage at all in negotiating with a hospital. An insurance network has some leverage when negotiating with hospitals, but results in user-complexity trying to navigate the in-network and out-of-network agreements. A single-payer has a large amount of leverage when negotiating with hospitals, and can avoid price gouging from manufacturers.