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sethnintendo on 28 July 2017
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DonFerrari said:
sethnintendo said:

With hidden pricing.  Amazing you don't know how much things cost till all is said and done.  This benefits the hospitals and pricing can vary widely between hospitals in the same area.

 

Here is a genius thought...  Why don't we make pricing more transparent and make hospitals produce a list and price of their procedures.  You know so the average citizen can maybe shop around for the best price for quality of service.  I mean we made fast food start listing calories of their meals so why not demand hospitals list prices.

There are several companies trying to compose lists and pricing such as Castlight health but that depends on if they team up with your employer.  Oh and if government backed out completely I would expect nothing but this shit show to continue.  We are dominated by only a few big companies when it comes to insurance.  You think they will all of sudden have a friendly competition and start lowering prices.  USA is full of monopolies now in every sector of business.

You know that cost structure is a sensitive information that basically defines if a company is competitive or not and that releasing that information is basically the destruction of a company? You already have the price they charge to decide if you want to pay or not and for publically traded companies you have their accountability release where you can see how much is their profit margins and verify if they are overcharging or just the cost itself is high.

 

So you are saying if they release their prices so people know how much they are expected to pay up front they will go under.  What if a fast food company ran its pricing like a hospital where you don't know until you get to the pay window.  So you order a meal thinking it will be 10 dollars and once you get to the window they want 100. 

Most people don't know how much they are going to pay for health service rendered unless they actively take charge and call offices asking them for their prices.  You can say well all people should do that.  Well what happens in an emergency where you either go or are taken to a random hospital.  You don't know shit for pricing if it is an emergency except you know for sure its at least 1,000 charge just to be omitted to the emergency room.