4 ms·
"Compliance could be limited because the penalties for noncompliance are minimal (maximum $300 per day) and the costs of disclosure potentially great" Lol what
by codegeek 5y ago
"Compliance could be limited because the penalties for noncompliance are minimal (maximum $300 per day) and the costs of disclosure potentially great"
Lol what a joke. $300/day is like a drop in the ocean for most hospitals/clinics. No wonder no one is complying. Let's add Prison time to executives and see how fast they comply. I absolutely hate dealing with incompetent/fraud billing systems of our healthcare system.
My steps to solve this:
1. Get rid of health insurance companies in EVERY process. If I want to visit my doctor for a basic checkup, let me pay cash. The cash price should be displayed/known in advance and I can shop around multiple doctors in my area.
2. With #1, get rid of crazy premiums , copays etc for most of these visits. Boom, u save shit ton. And no, don't argue with me that my employers provides great insurance. You don't want health insurance tied specifically to employers. You should be free of that.
3. Govt should subsidize the out of pocket costs for going to doctors . Increase a little bit of taxes for this. still a saving because you are saving SHIT TON of money when not paying crazy premiums etc. FOr those who argue otherwise, let me give you an example. For a family of 4, my total cost for an ok insurance is $2200/Month. This amount has to be paid regardless of whether I see a doctor or not. Then comes the copays, deductibles etc. Amounts can vary based on how "great" your plan is but the fact here is that shit tons of money is being paid to insurance companies for doing nothing and being a middleman. Get rid of this and you can add a small progressive tax instead. Will gladly pay that because I for sure wont pay $25,000 premiums per year and another $5000 in deductibles BEFORE i get a single penny from insurance companies. Oh and this keeps the price gouging racket going.
4. Let insurance companies stay in the market for "nice to have" procedures.
Imagine if Car insurance became like health insurance. Who wants to argue that prices won't go up for EVERYTHING including a basic oil change.
- sircastor 5y agoI agree that health insurance companies should go, but I don’t know how we could accomplish this. Health insurance is a Trillion dollar industry, and that means there are a lot of people making a lot of money that have a lot of incentive for everything to stay exactly as it is.