Great example! We need a free market!
Get the govt out of health insurance, it only causes prices to rise.
I helped a friend get a prescription
They originally filled it with a name brand medicine, for $400, and told her her ‘co-pay’ would be $40. They thought she had insurance through a certain company.
When she told them she had no insurance, they re-filled it with a generic brand for $25. (made by the same manufacturer, without the name brand bottle)
People have NO INCENTIVE to shop around, even when it would have saved her $15 more. the pharmacy would not have told her about the other medicine by their own volition.
Only in an idiotic system like ours is this possible.
So it is insurance that creates the cost problem in medical treatment. The government solution is to force everyone to buy insurance. Makes total sense! If your only goal is to put the government in charge.
Oh, they've already learned. What they learned is that to control health-care is to control life.
Should be Economics 101 to any Freeper!
Anything subsidized, which removes market forces, will become not only more expensive, but GREATLY more expensive.
A safer and much cheaper plan would be ONLY catastrophic insurance to cover, and here an honest discussion could take place, anything over 5%, 10%, 50%, 75% of your yearly income.
Once an appropriate number is agreed to, market forces would work at suppressing costs below that target number.
If you don’t have skin in the game (dangerous statement given our president) you do not pay as much attention to costs.
Just in the last month we went over 2 dentist bills only to discover that the 2 separate dentists had agreed to the insurance reimbursement for a covered procedure per their contract, then proceeded to charge us $230 and $260 more than they had agreed upon.
We had to do our own analysis as even our Insurance provider (which, believe it or not, my wife works for) could not figure out what the hell the dentists were doing.
Seems this is the racket they are all playing hoping people will just pay and not question so they end up with way more money than the procedure was to have cost.
Both dentists admitted their “ERROR” and have refunded the over charge but I guarantee you the vast majority of their other patients are being gouged by this practice.
CHECK EVERY BILL like you are paying for it, because you are regardless of insurance coverage.
I used to think that “School Administrators” were the highest paid “migrant workers” in the country, but based on what I have seen with hospitals, I think that I need to add “Hospital Administrators” to the list. Just as in education, how do you justify paying some jerk $500k per year to “run” a hospital?
Works with dentistry too.
I pay cash, have all my life. Dental insurance would be more expensive than paying cash.
This highlights the exact reason why Obamacare will be mandatory.
Obamacare isn’t about health care, it’s about extorting money from those who have some and using it to finance Obama’s wealth redistribution economy.