One major cure for health care
Remember when Lasik surgery burst onto the consumer market? The small amount of docs who were performing the “surgery” charged a super hefty premium - damn it was expensive! Then, damn near every ophthalmologist jumped onto the bandwagon and introduced competition in health care! Now, it’s advertised based on price and even quality measures. And guess what? Prices have come down. Because when you force individual doctors to compete against one another a funny thing happens. They compete on price and quality and magically prices come way down.
You can see this in dermatology, cosmetic surgery, and opthalmology. Anything that appeals to our vanity, prices are kept in check. They start advertising. They start doing their jobs better because their livelihood depends on it. They even start advertising how awesome they are with the numbers to back it up.
There is hardly any competition in the health care industry right now. If a system is set up where every health care service is like Lasik or boob jobs, I think we’d start seeing some monumental changes in health care prices. Because right now, the big players are laughing all the way to the bank and bleeding our economy drier than the bones it already is.
Well argued. Do you take insurance?
reblogged from jayparkinsonmd
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josephweisenthal reblogged this from mikehudack and added:
Besides vanity, those things have another thing in common: Insurance won’t typically cover ‘em. As long as the majority...
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