mrstickball on 31 March 2009
Mafoo -
This is why Medical Savings Accounts are a great idea for private and public usage. They circumvent the insurance issue, and give consumers the freedom to make choices on where to go, providing more competition.
And we all know how competition improves and makes the product more affordable.
They are also a lot cheaper to use. Most medical facilities give deep discounts to consumers if they pay in cash. I took my fiancee to an Urgent Care facility...They have 2 rates: Insurance rates and out of pocket rates. Since the transaction is instantaneous for cash, and there's local competition for Urgent Care facilities, they reduce the price by large percentages.
Back from the dead, I'm afraid.
