Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

[The Sicatoka]

Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

What if hospitals (and associated providers) had to show average cost of various common procedures from the prior year on their website.


Procedure Performed Average Cost
Appendix removal (non-acute) 53 $----
Appendix removal (acute) 22 $----
.
.
.


Would it matter?

[MissThundercat]

Tyson Foods (my employer) is giving all hourly employees a $1000 bonus as a result of the tax cuts. Um, thanks?

And I did my taxes. Turns out I jumped into a new bracket, so only getting a refund of $1200 ish. I'll see what happens next year.

[unofan]

What if hospitals (and associated providers) had to show average cost of various common procedures from the prior year on their website.


Procedure Performed Average Cost
Appendix removal (non-acute) 53 $----
Appendix removal (acute) 22 $----
.
.
.


Would it matter?

Not for the acute/emergent stuff, because you're going to the closest place that can handle you at that point. If you're shopping by price, you're already dead.

[Deutsche Gopher Fan]

Not for the acute/emergent stuff, because you're going to the closest place that can handle you at that point. If you're shopping by price, you're already dead.

BIngo. I spent four years building a cost transparency tool. Great for labs and radiology, not so great for the heart attack and the 13k ambulance bill because you didn’t get it pre authorized

[joecct]

BIngo. I spent four years building a cost transparency tool. Great for labs and radiology, not so great for the heart attack and the 13k ambulance bill because you didn’t get it pre authorized

You have to get pre authorized to have a heart attack?!!

[Deutsche Gopher Fan]

You have to get pre authorized to have a heart attack?!!

Exactly!
On a serious note a lot of people have bona fide emergencies only to find out that the nearest hospital they were brought to isn’t in network

[FlagDUDE08]

Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

Interesting... http://thehill.com/regulation/health...on-drug-prices

[ScoobyDoo]

Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

You have to get pre authorized to have a heart attack?!!

It's one of the great money saving ideas of all time. A GOP idea for sure.

[FlagDUDE08]

Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

Tyson Foods (my employer) is giving all hourly employees a $1000 bonus as a result of the tax cuts. Um, thanks?

And I did my taxes. Turns out I jumped into a new bracket, so only getting a refund of $1200 ish. I'll see what happens next year.

New bracket only applies to the monies above that amount. It's not a sawtooth setup with cliffs.

[FlagDUDE08]

Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

Exactly!
On a serious note a lot of people have bona fide emergencies only to find out that the nearest hospital they were brought to isn’t in network

There are insurances with that setup that treat all emergency rooms for bona fide emergencies as "in network". It's only if you're going there for a non-emergency is it considered out...

[FlagDUDE08]

Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

Totally agreed. Our pill popping culture never really made sense to me outside of the basics – asprin, penicillin etc.

As far as I see it, this problem is hardly unique or new. What has happened with that premiums keep going up, and the amount we pay keeps going up. It’s the frog in hot water – if you warm up the water, it won’t notice. The same thing has happened to our insurance. What worse ( I found this out directly), the actual price mechanism of this market is 100% opaque. That’s right, you cannot actually attain the real costs of your services. They are 100% made up. This is what happens when you have two profit driven enterprises with the ability to write laws, operate in oligopolies, and expand unchecked.

I love the idea of a free market. I run a business. That said, the free market isn’t always the best market. There are plenty of instances where participants do not need to act in the best interest of the client. Hospitals and insurance (from a financial standpoint) can afford to do this. When I was literally dying, it wasn’t like I was going to go shopping for a doctor in network. They know this, and exploit it to the hilt.

The free market is good if it's a truly free market. As you've noted, it's not a free market, otherwise competition would actually come in that acts int eh best interest of the client. And then there are thousands of regulations piled on so even more cost is spent on compliance, and as much as I know some ****** will give some turn-of-the-20th-century answer to regulations in order to facilitate a binary mind, I will just put out here that they've gone too far, and used it to create the crony mess we're in.

[joecct]

Interesting... http://thehill.com/regulation/health...on-drug-prices

Check campaign contributions from Big Pharma. That will tell you the likelihood of passage.

I have a modest proposal. We've, I believe, seen racing drivers' suits with all the sponsorship ads on them. I propose that before a member of Congress appears in front of TV cameras, they don a suit that has all their corporate and PAC donors listed. The bigger the donation, the bigger (and better placed) the ad.

[FlagDUDE08]

Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

Check campaign contributions from Big Pharma. That will tell you the likelihood of passage.

I have a modest proposal. We've, I believe, seen racing drivers' suits with all the sponsorship ads on them. I propose that before a member of Congress appears in front of TV cameras, they don a suit that has all their corporate and PAC donors listed. The bigger the donation, the bigger (and better placed) the ad.

I'm well aware of the cronyism. Funny thing is, those in the establishment are starting to GT*O. We have quite the chance now.

[Kepler]

Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

I have a modest proposal. We've, I believe, seen racing drivers' suits with all the sponsorship ads on them. I propose that before a member of Congress appears in front of TV cameras, they don a suit that has all their corporate and PAC donors listed. The bigger the donation, the bigger (and better placed) the ad.

Seconded!

[joecct]

I'm well aware of the cronyism. Funny thing is, those in the establishment are starting to GT*O. We have quite the chance now.

We kimosabe?
We the people have a chance, but I'm afraid the primary process will bring forth the fringe with the far left on one side and the radical right on the other.

The solution is to vote in the primaries and dilute the effects of the fringe who turn out religiously in the primaries.