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re: Is the Healthcare/Pharma industry a giant scam?
Posted on 12/7/19 at 10:20 pm to Diamondawg
Posted on 12/7/19 at 10:20 pm to Diamondawg
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.
Posted on 12/7/19 at 10:44 pm to Flats
quote:Don't know that much about plastics but with lasik for $2500 per eye or something like that, I would imagine those are physician owned stand alone clinics and are fairly routine and vary very little as to time, equipment,etc. They might lose on a few but far more are uncomplicated and they know what kind of profit margin they want and charge accordingly. Not many hospital procedures are that straight forward.
like that people couldn't offer things like lasik and plastic surgery with price schedules
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