- Joined
- Jun 22, 2013
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I was just cruising YouTube and found this interesting video about American healthcare costs.
It talks about hospitals but I believe it applies to pretty much any medical practice thanks to a need to qualify for inclusion as a medical provider in Insurance coverage plans.
I think it's humorously entertaining and informative at the same time.
Essentially, in order to afford discounts on services demanded by Big Insurance, medical facilities create extreme prices for medicine and services in order to discount those prices and still make major profits for both.
I've known (and sensed) it was something like this that had to be in play.
IMO it's a travesty affecting us all; especially now with the government compelled requirements of the ACA which depends on such Healthcare Insurers and medical providers.
Congress addressing such inflated pricing might go a long way to alleviating problems with public healthcare expenses.
THAT would be a real healthcare initiative. :yes:
Thoughts?
It talks about hospitals but I believe it applies to pretty much any medical practice thanks to a need to qualify for inclusion as a medical provider in Insurance coverage plans.
I think it's humorously entertaining and informative at the same time.
Essentially, in order to afford discounts on services demanded by Big Insurance, medical facilities create extreme prices for medicine and services in order to discount those prices and still make major profits for both.
I've known (and sensed) it was something like this that had to be in play.
IMO it's a travesty affecting us all; especially now with the government compelled requirements of the ACA which depends on such Healthcare Insurers and medical providers.
Congress addressing such inflated pricing might go a long way to alleviating problems with public healthcare expenses.
THAT would be a real healthcare initiative. :yes:
Thoughts?
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