4 ms·
It's the cost of procedures/medication Example: https://worldpopulationreview.com/country-rankings/cost-of-insulin-by-country https://worldpopulationreview.com
by hvb2 10mo ago
It's the cost of procedures/medication
Example: https://worldpopulationreview.com/country-rankings/cost-of-insulin-by-country https://worldpopulationreview.com/country-rankings/cost-of-i...
And why, in free market land, is a buyer of services and medication, not allowed to negotiate prices?
- nradov 10mo agoWhich buyer are you referring to? Consumers paying cash can negotiate as much as they want, and often secure large discounts. Commercial health plans also negotiate hard with their network providers, although some of them play unethical tricks with PBMs to artificially inflate prescription drug prices. Medicare and Medicaid don't really negotiate with providers, they just set rates by arbitrary fiat and providers can take it or leave it. Medicare does have some statutory limitations on how they can negotiate drug prices, though.
- mikkupikku 10mo agoIts the cost of keeping American doctors living in mansions big enough to house a whole village.
- nradov 10mo agoWhich doctors? Some specialists do quite well but many primary care physicians earn less than software developers, especially once you account for education expenses and ongoing mandatory professional expenses. What is the correct amount for them to earn anyway?
- mikkupikku 10mo agoThe ones in my town, I know where they live, up by the lake.
- nradov 10mo agoWhere should they be living? You seem to be upset about something but you're not making any sense.
- red-iron-pine 10mo ago> why, in free market land, is a buyer of services and medication, not allowed to negotiate prices? Because W Bush decided to forbid that while simultaneously forcing the fed'gov to pay for it "we need to pay face value because big companies need the money for their R&D" was the discussion years ago IIRC. it's BS, but that was the narrative.