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There is a semblance of price discovery in auto repair market, which is completely missing in healthcare market. In many (most?) states, it is completely legal
by pauljurczak 7y ago
There is a semblance of price discovery in auto repair market, which is completely missing in healthcare market. In many (most?) states, it is completely legal for healthcare provider to answer pricing questions with "we don't know".
- ceejayoz 7y agoNot only is it legal, it's probably true! There are like 10 layers of mayhem and negotiation and esoteric rules.
- labcomputer 7y agoThis is partially a result of the way that health insurers in the US (both public and private) pay for procedures. A 15 minute consult with a GP is paid differently depending on whether the outcome of that consult is that you're diagnosed with e.g., strep throat vs. cancer.
- eru 7y agoYes. In Singapore, to give one example, it's the norm to get either a fixed price up-front for your healthcare needs or a good estimate. Prices for common procedures are publicly posted at your doctor's practice.