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re: Is the Healthcare/Pharma industry a giant scam?

Posted on 12/7/19 at 10:10 pm to
Posted by Diamondawg
Mississippi
Member since Oct 2006
32523 posts
Posted on 12/7/19 at 10:10 pm to
quote:

I his procedure exotic? Do they have to chase down every sub-price for every single procedure? That doesn't sound practical.
People don't ask. The ones doing the procedures probably don't know what these things cost. The doctor doing the procedure might cost it out by time. The ultrasound might even vary in cost due to time. People don't understand that healthcare varies from patient to patient and they aren't building widgets. I don't disagree that healthcare costs have sky rocketed. Lot of it is due to government oversight and intervention. Lot of it is defensive medicine due to exorbitant trial awards in malpractice suits. Lot of is due to very expensive innovative medicine that the US has no rivals. Lots of goes into it. There might be a few scams out there as the OP suggested. We just had 10 or so go to jail locally over some scamming. But if you get caught scamming, you pay and you pay heavily.
Posted by Flats
Member since Jul 2019
22256 posts
Posted on 12/7/19 at 10:20 pm to
quote:

I don't disagree that healthcare costs have sky rocketed. Lot of it is due to government oversight and intervention. Lot of it is defensive medicine due to exorbitant trial awards in malpractice suits.


Couldn't agree more.

quote:

People don't understand that healthcare varies from patient to patient and they aren't building widgets.


Agree to a point. But if every procedure were like that people couldn't offer things like lasik and plastic surgery with price schedules. Optional medical procedures respond to market forces, so I don't see why at least some other standard medical procedures couldn't.
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