Forcing hospitals to publish their chargemasters would allow patients to cost compare between facilities for non-emergency procedures, and perhaps even *gasp* negotiate pricing up front.
I quite agree.
This still wouldn’t help anyone in an emergency situation, when they can neither cost compare, nor dictate to the ambulance which hospital to use, and you’re not exactly in a position to negotiate from a gurney when you need life saving surgery. The only humane response to this is universal socialized coverage.
Nonsense. The number of procedures which are performed in emergency, life threatening situations is less than 1%; and even in the case where a person IS in a life-threatening situation, he or she is still COVERED, even though they didn’t have the opportunity to negotiate. So, gee whiz, they might have to cough up a few hundred extra bucks. BFD.
I repeat: If you don’t put cost control into the system at the patient level, you can have all the “universal socialized coverage” you want; it will fail.
This is an overstatement. The ACA did markedly lower bankruptcies, but your statement assumes that everyone in the US is qualified for coverage under the ACA. That’s not true. 28 Million people remain uninsured or underinsured even with the ACA (your 9% of the population).
Good, we agree.
It doesn’t cover everyone. Among them are unauthorized immigrants, low-income people in states that didn’t expand Medicaid, and people who didn’t qualify for subsidy, but for whom qualifying insurance was too expensive. They aren’t “refusing” insurance. Last year alone over 770,000 people filed for bankruptcy due to medical bills.
What year is that? Are you seriously suggesting that 96% of all bankruptcies last year were medically-related?
How many people filed for bankruptcy in 2016?
While it's also the sixth consecutive year that bankruptcy filings have fallen, 2016 saw the decline at its slowest - 5…
Well, Megan’s addressed this question, it turns out; and with citations, shows why medical bankruptcy figures are ….. highly suspect at best.