TheRealMafoo on 23 October 2008
| Jackson50 said: They are doing it out of necessity and not choice. I meant that if given the choice, consumers do not seek out lower cost alternatives when making medical decisions. If someone required an angioplasty and saw that Dr. Brown was having a 50% sale for angioplasties would they go to him? I highly doubt it. This is why health care prices do not decrease as most prices would in a normal market...consumers do not shop for value. It seems the best option is to have a single entity negotiate the prices and so on. |
This is why medical treatment that is not covered under insurance has done so much better. Today, if I want Lasik, it's 4 times as cheap, far better, safer, and readily available.
This is due to competition, people do shop when they want there eyes fixed. To bad we can't apply this to the rest of the medical industry.
