All paid up front. All hospitals do the same and are competitive on pricing
That needs to happen here, posted on the internet. As well as an outright ban on "cost shifting".
These are major national provider reforms, hopefully imposed by Tom Price, piloting the DHHS.
As well as an outright ban on “cost shifting”.
There wouldn’t be any cost shifting if we didn’t have fixed pricing from Medicare, Medicaid and the large insurers. In a sense we do have menu pricing; it’s fixed and a part of the Medicare, Medicaid fee schedules.
Remember when Nixon did price controls? We had something similar when business gave new names to their products. Butchers created new cuts of beef and charged what they wanted.
If you really want prices to come down, the share that the individual pays must go up. It’s an incontrovertible fact that people are always more careful about spending their own money than someone else’s money (i.e., insurance company, government)