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indeed I am, and yes I know. I'm asserting even if it was implemented fully it won't do shit. I have insurance why would I give a shit about the prices? my emp

by jatone 5y ago

indeed I am, and yes I know. I'm asserting even if it was implemented fully it won't do shit. I have insurance why would I give a shit about the prices? my employer pays the majority of the costs. its only going to incentives the uninsured to go shopping and they're a very small market. thats precisely the problem. lack of choices in the insurance market where the incentives are not aligned.

tastyfreeze 5y ago
Requiring price transparency is a step in the right direction. We didn't get in this mess all at once and we wont get out of it all at once. Relentless continuous incremental progress is the way to accomplish anything. So, after price transparency what is the next step to reach the goal of a healthcare free-market? I say it would be competition. Once prices are known publicly then it becomes easier for independent doctors to compete on price. There may be barriers to competition like limits on number of medical doctors that are granted licenses or something to that effect.
- jatone 5y ago
  why would I go to the cheaper hospital when I can go to the more expensive and better hospital at the same cost to me (nothing, its the insurance companies problem). price transparency does jack shit in such a market where the stakes are literally your health. healthcare services do not compete on price they compete on quality of service. the next step and what should have been the first step is a public option with a mandate that employers must offer it as one of the insurance coverages available. I'd even go further and say employers must offer public + 3 other private insurances and to opt out for an increase in base pay equal to what the employer contributes to the most expensive plan. the natural pressures on the government to minimize wasteful spending on social services will take care of the rest as suddenly private insurance will have to compete with cheaper to you public insurance.

by jatone 5y ago

tastyfreeze 5y ago

Requiring price transparency is a step in the right direction. We didn't get in this mess all at once and we wont get out of it all at once. Relentless continuous incremental progress is the way to accomplish anything. So, after price transparency what is the next step to reach the goal of a healthcare free-market? I say it would be competition. Once prices are known publicly then it becomes easier for independent doctors to compete on price. There may be barriers to competition like limits on number of medical doctors that are granted licenses or something to that effect.

jatone 5y ago
why would I go to the cheaper hospital when I can go to the more expensive and better hospital at the same cost to me (nothing, its the insurance companies problem). price transparency does jack shit in such a market where the stakes are literally your health. healthcare services do not compete on price they compete on quality of service. the next step and what should have been the first step is a public option with a mandate that employers must offer it as one of the insurance coverages available. I'd even go further and say employers must offer public + 3 other private insurances and to opt out for an increase in base pay equal to what the employer contributes to the most expensive plan. the natural pressures on the government to minimize wasteful spending on social services will take care of the rest as suddenly private insurance will have to compete with cheaper to you public insurance.