burnthesheep wrote:
I can get the "risk pool" and all that stuff.
But look at it this way. Some of these plans people and/or employers are tossing in huge bucks. Then you still get big bills.
I see a lot of generic waste and inefficiency in the medical industry. I'm not talking pharma profits, for now. I'm talking doc visits, procedures, basic stuff..........
I think the eye opener is the cost to have a child in the US adjusted for inflation versus a pretty stagnant infant/mother mortality rate. We're paying a crap load more, and not getting anything different.
Healthcare in general is very inelastic, speaking econ. I'm no expert, but there's not a readily available substitute beyond the OTC products after you reach certain medical conditions. Then, whatcha gonna do? Just go without? So, there isn't any real competition for your care.
Also, I totally get that lots of docs (particularly hospital ones) can work some shit hours and days and have tons of education. Same time, they also share a burden of our skyrocket costs. As do insurance and pharma and consumers.
You wanna look at big bucks, look in to the profits of some of this country's largest insurers. I believe United Healthcare did well to the tune of $26 billion last year. At the same time, my company, your company, and almost every other company are seeing huge increases in our out of pocket expenses and monthly payments. For my practice alone, with 200 employees, our health insurance costs were expected to go up nearly 20% for 2020.....and yet, our insurance was going to pay less for almost everything.
To keep costs down for my patients, I tried using drugs off the $4 WalMart formulary. That didn't last long before I had patients coming in telling me their eye drops (that had been $4) were now $60+. Its a constant battle to find affordable drops for my patients. A drop may cost $10 at one pharmacy, and $100 at another one. Yeah, Big Pharma is making some big money but, if you really wanna know who is getting the money look up Pharmacy Benefit Managers.
No, there's not any competition for our care, but would you want it much differently. You either get a well regulated system to protect people or you get a system of OTC treatments where those protections are not present. Antibiotics are a perfect example. Almost everyone who walks in to an ER, or primary care doc's office, with a sniffle or sore throat, or cough wants antibiotics. For almost all of us, these are self limiting diseases, and many times caused by a virus. We have an ever growing problem with antibiotic resistance. I've read that by 2050, some experts predict drug resistant bacteria will be one of the leading causes of death in our country. Its bad enough that docs, and Nurse practitioners, give antibiotics away willy nilly but make it OTC and you are looking at true disaster potential.
Healthcare is complicated. I don't know the answers but I do believe things are going to get a whole lot worse before they will ever get better.