And while we are at it, the US also spends 45% or so of the entire world's spending on medical research and development. So, in a sense the US is funding cheaper healthcare elsewhere.
And while we are at it, the US also spends 45% or so of the entire world's spending on medical research and development. So, in a sense the US is funding cheaper healthcare elsewhere.
The incentives on this get waaaay complicated and aren't driven solely on "we can make tons of money off of derps in the US and then give it free to the ROW". In fact, the same spending would likely occur given the R&D tax credit is now a permanent part of the code instead of an extender. In addition, our system is set up to incentivize using some technology for no other purpose than to be able to bill for it, even if it provide negligible or no real benefit. Again, the market failures involved here cause serious issues that drive up costs without helping outcomes.
How can you have any pudding if you won't eat your meat?
Speaking of the ACA/healthcare: I have to get an endoscopy tomorrow and they just told me my insurance covers 90% of the procedure. The 10% I have to cover is $978.
As far as universal healthcare is concerned, since it seems to be a hot topic, the way it works here is that if your condition is serious then the doctors obviously treat you right away. Either way, I guess this quote describes it best.
Cactus
having PCP is a great way to jump the queue and get a lot of immediate healthcare
Speaking of the ACA/healthcare: I have to get an endoscopy tomorrow and they just told me my insurance covers 90% of the procedure. The 10% I have to cover is $978.
This is why we need universal healthcare.
So without insurance it's almost 10000 dollars?
Yikes.
Yeah it was $13,000 before hospital adjustment charges. Insane.
Speaking of the ACA/healthcare: I have to get an endoscopy tomorrow and they just told me my insurance covers 90% of the procedure. The 10% I have to cover is $978.
This is why we need universal healthcare.
So without insurance it's almost 10000 dollars?
Yikes.
Yeah it was $13,000 before hospital adjustment charges. Insane.
That's part of the problem. That's not an actual cost, and not at all what they'd charge without insurance. Medical providers charge obscene rates for the sole purpose of pinging the software used to formulate the basis for their contracts with insurance carriers, so that the contract prices for said procedure will be more the following year. It's a song and dance that benefits no one but docs and carriers.
Was that the one where she said - usually 2-3 weeks into the school year I know who's going to be "a problem" and then said...well it's been 2-3 weeks?