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>You can make an educated guess how that will influence the price of healthcare or living in a nursing home. Based on the $49 charge for 5ml of sugar water to
by CrazyStat 4y ago
>You can make an educated guess how that will influence the price of healthcare or living in a nursing home.
Based on the $49 charge for 5ml of sugar water to calm our newborn baby down so a nurse could draw his blood, probably not much.
(The nurse failed to draw his blood. After four or five failed attempts over several hours they eventually asked a nurse from the NICU to come over, who got it first try.)
- samus 4y agoThe nurse is probably receiving very little of these $49. It's probably an inflated price charged by the hospital that is usually negotiated down to something reasonable by the health insurance provider. Similar to the discussion I had with my product manager recently: she can't expect that consultant to work according to the 100$ per hour that his company charges, because he is likely receiving a lot less.
- Dylan16807 4y ago> The nurse is probably receiving very little of these $49 Yes, that was the point. That the price of healthcare isn't based on the wages of the nurse.
- majewsky 4y agoBut that's the point, no? If you double the consultant's salary, you won't have to pay double because most of it is just pure margin.
- samus 4y agoThat assumes that the employer is willing to lose part of their margin and doesn't charge it back to their customers. Maybe not on the current contract, but future ones.