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Yup, the idea for for profit driven healthcare sounds bad until you consider the alternative which is cost minimization driven, the easiest way to cut costs is
by fleitz 9y ago
Yup, the idea for for profit driven healthcare sounds bad until you consider the alternative which is cost minimization driven, the easiest way to cut costs is to not provide service
- sjg007 9y agoIt’s the same doctors regardless... insurance companies are cost minimizers as well.
- digi_owl 9y agoIndeed. My understanding is that US hospitals will inflate their bills because they know the insurance companies will turn over every stone to find ways to drive the bill down. This in turn bites those that try to pay directly, as they end up with sticker shock.