Those countries also do not have health insurance companies trying to see how much of your skyrocketing premium money they get to keep, and hedging on paying those bills until you have to declare bankruptcy! Take a look at the size of their organizations, and buildings, then take a look at your dwelling. Its ALL ABOUT the money! And while your at it, ask your doctor how much money he spends on additional staff trying to file claims, appeals, pre-certifications, and all the other red tape that health insurance companies throw into the mix to muddy the water. As a twenty year veteran of working in the industry on all levels, I can tell you its one of the biggest con jobs EVER perpetrated on this country.How would price controls affect medical care?
The same way price controls affect any product or service: reduce its availability.
Price controls would do nothing. If EVERYONE had to pay out of pocket for their own health care, the market could not sustain such a high cost. Innovation would replace “price fixing” by health insurers, and market forces would drive down the cost. Think not?
At a normal veterinarian office you can get an adominal x-ray for anywhere from $25-$75 (prices in the Midwest). That SAME x-ray on a human being will cost $300-500. The procedure is EXACTLY the same. The obvious answer is that health insurance companies are not a middleman for the most part in vet practices.