4 ms·
It is time to cap the healthcare admin overhead to 10% from supply to patient. Make the middle-man duke 'em out for their own justification to exist.
by egberts1 2y ago
It is time to cap the healthcare admin overhead to 10% from supply to patient.
Make the middle-man duke 'em out for their own justification to exist.
- antisthenes 2y agoNot this again...Limiting it to a % of something will just make the current system increase costs to the point where 10% becomes enough to continue paying fat checks to all these leeches. It doesn't work.
- egberts1 2y agoUmmm, now that I had time to visualize at macroeconomic level, simple cap at each middleman's transactional behooves the supply chain to conspire on price-fixing just to feed and assist all the middlemen down the line to the patient, as you've asserted. To introduce inter-middleman fighting ensues between favorable price and lower price... Fixing at 1% total for each step along the way doesn't work because one can just add even more middlemen. Fixed 2% price, over entire chain: A competing supplier can easily undercut that downstream conspiratorial bloat.
- egberts1 2y agoHey. Didn't realize that it was like that child toy that looked like a clear double-lined liquid-gel-filled with sparklers where you squeeze one end and it escapes out bigger at the other end. Thanks! Good catch.
- eesmith 2y agoOkay, but it's under 10% now, at about 8.5%, so that won't change anything. The numbers I gave suggest 2% is what other countries have