re: Arkansas hospital lawyers up, sues for medical debt

quote:

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It is a business but when you buy something on a credit card you know full well what you are spending and purchasing. When you go to a hospital you may or may not know if a doctor is in network or a facility is in network or how much the procedure will cost before you do it or if you even know at all as in an emergency situation. There is no firm understanding of the cost prior to treatment for 90% of the things done. So I would say it is vastly different from credit card debt.

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This is the real problem. The doctor knows what needs to be done to fix you, but have no idea what the costs are...nor do they care. They keep it vague and disconnected intentionally. People would forgo procedures and/or optional services if they knew the costs.

All of that said, the current system is complete nonsense. We've got some really smart people in Washington that could figure this out. Honestly, Medicare for all would be the right answer...but that will cost the medical industry billions of dollars per year.