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re: Adam Ruins Everything- "Why US Healthcare is so Expensive"
Posted on 7/29/17 at 9:03 am to Bjorn Cyborg
Posted on 7/29/17 at 9:03 am to Bjorn Cyborg
The amount of people who the hospitals lose money to treat is extremely small. Less than 4% of net profit goes to charity care.
The reason the hospitals are able to charge the kind of prices they do is that we have removed the direct price competition from the market.
The reason the hospitals are able to charge the kind of prices they do is that we have removed the direct price competition from the market.
2
Posted on 7/29/17 at 9:06 am to cokebottleag
As I said, the hospitals are a symptom of a broken system, not the problem. That includes lack of price competition and the unfunded mandate of forced care to uninsured patients, as well as many other factors.
Posted on 7/29/17 at 9:29 am to cokebottleag
quote:Its borne disproportionately by non-profit hospitals. Do you have a link for that 4% figure? I'd like to see how they came up with that number. It seems really low.
The amount of people who the hospitals lose money to treat is extremely small. Less than 4% of net profit goes to charity care.
quote:Im definitely a free market guy, but can you be more specific? If you're talking about allowing more competition in insurance markets, they I definitely agree.
The reason the hospitals are able to charge the kind of prices they do is that we have removed the direct price competition from the market.
This post was edited on 7/29/17 at 9:32 am
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