Would it drop the price of insurance though? If insurance companies can pay the lesser "cash" price?

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Feb 18, 2018
12:28:20am

Fetchin Fetcher I'm an idiot... Seriously

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Fetchin Fetcher

Bio page: Fetchin Fetcher
Joined: Nov 10, 2014
Last login: Oct 7, 2018
Total posts: 11,073 (1,904 FO)

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Messages

Author

Time

Berkshire Hathaway is teaming up with JP Morgan Chase and Amazon to figure

crazY

2/18/18 12:05am

Make doctors and hospitals have pricing available up front

Fetchin Fetcher

2/18/18 12:09am

That, capping medical malpractice suits (unless the case is severe), and

crazY

2/18/18 12:19am

TX has a cap. Hasn't really slowed the growth in healthcare costs here though.

CougarThug

2/18/18 12:21am

But it has helped Texas recruit and retain physicians, which is a good thing.

Game Changer

2/18/18 12:23am

Oh yes, retaining good doctors would help a lot, too. Medical malpractice does

crazY

2/18/18 12:25am

I have a great doc. Just hope he can keep practicing.

CougarThug

2/18/18 1:00am

Took me four years to find a Houston doc whose primary language is English.

CougarThug

2/18/18 12:41am

Isn't it like 250k and then you have to file a different suite for lost wages, use of limb etc?

Fetchin Fetcher

2/18/18 12:24am

I think the $250K is for "non-economic" damages, i.e. pain & suffering, etc.

CougarThug

2/18/18 12:47am

That's what I was getting at, thanks for wording it better

Fetchin Fetcher

2/18/18 12:48am

This is why I said unless the case is severe:

crazY

2/18/18 12:29am

I like the idea, but you get into ethical questions when deciding whether or not

Game Changer

2/18/18 12:22am

What if your hospital charges X amount, but there's a doctor that just does cat scans

Fetchin Fetcher

2/18/18 12:26am

Which drugs do you prescribe when pharma & ins are pushing their favorites...

CougarThug

2/18/18 12:28am

If you are going to a place where the doctor who examines you also owns an MRI

Game Changer

2/18/18 12:34am

Mistake yes. But how is the victim to know ahead of time?

CougarThug

2/18/18 12:47am

This is already illegal. Re: Stark Laws.

SportsDoc

2/18/18 12:57am

Pretty sure that only applies for Medicare & Medicaid patients.

CougarThug

2/18/18 1:04am

Stark laws are for Medicaid and Medicare providers.

Idahofallsblue

2/18/18 10:17am

while this will help most people won’t care. Those on insurance and those on

cougarfann888

2/18/18 12:22am

Would it drop the price of insurance though? If insurance companies can pay the lesser "cash" price?

Fetchin Fetcher

2/18/18 12:28am

Too many patients are too removed from payment that upfront pricing won't matter

wabluecoug

2/18/18 12:27am

Also, make doctors wear patches on their coats of the pharmaceutical companies that are wining and dining them

Fetchin Fetcher

2/18/18 12:30am

This doesn't happen anymore

Idahofallsblue

2/18/18 12:33am

How does it work? With pharmaceutical sales. Does it just go straight to a board or something?

Fetchin Fetcher

2/18/18 12:35am

Docs used to get crazy and excessive money thrown

Idahofallsblue

2/18/18 12:52am

Now they get to market directly to the ignorant consumer and let them bug the Dr

wabluecoug

2/18/18 12:36am

Yeah, that's true. Isn't the U.S. one of the few countries that allows drug advertising? I think I remember hearing

Fetchin Fetcher

2/18/18 12:38am

Ever hear of TRICARE and the $100+ million kickback scheme?

CougarThug

2/18/18 12:54am

It's not SUPPOSED to happen. Were there punishments?

Fetchin Fetcher

2/18/18 12:56am

That was one of the things that lead to the new regulations implemented in late

cougarfann888

2/18/18 1:00am

Most doctors have very little to do with pricing in the first place.

SportsDoc

2/18/18 1:06am

To clarify a little, when I said doctors I didn't mean the individual physician.

Fetchin Fetcher

2/18/18 1:23am

That already exists in some practices.

IGlowInTheDark

2/18/18 2:56am

Medical expenses are tax deductible only if your employer pays them

BYU'01

2/18/18 12:34pm

Make them subject to the Sherman and Clayton antitrust acts. When they became a business instead of a profession, they

Smack'sWife

2/18/18 4:48pm

Impossible to have pricing available up front. At least in the hospital setting. No way to tell the direction your

Virginia Ute

2/19/18 12:33pm

A hospital is not just an ER. I get what you're saying and I think I brought it up in another post

Fetchin Fetcher

2/19/18 12:54pm

I find it interesting that people devoting their lives

Idahofallsblue

2/18/18 12:26am

Well, what they really want to do is increase their bottom line. The less money

crazY

2/18/18 12:31am

BIG difference between housing market and exploitation on medical necessity

Dissenter

2/19/18 9:26am

Here's how I think this goes down:

UberDeek

2/18/18 12:53am

while pretending that hiding the costs is the same as reducing the costs.

CougarThug

2/18/18 1:06am

Imagine Amazon or Costco Starts a Healthcare Buyers Group.

Tsisquan

2/18/18 12:54am

I'd love insurance with a 50k deductible.

HarlemCoug

2/18/18 1:09am

If market forces were truly at play

Tsisquan

2/18/18 1:46am

People don't realize it yet, but this is a game-changer, and I think may have

jaba166

2/18/18 3:16am

I love your optimism but I have a hard time calling this

Idahofallsblue

2/18/18 10:21am

Actually, they've clearly stated they plan on a transparent, non-profit entity.

jaba166

2/18/18 10:38pm

No. What they're teaming up to do is figure out how you pay them for healthcare instead of insurance companies.

SpiffCoug

2/18/18 7:11am

Bingo. I think this will end up being true. They will squeeze others until they

Idahofallsblue

2/18/18 10:22am

Healthcare is evil. Only the upper class can afford ‘good’ healthcare

Croweater

2/18/18 7:40am

Not true. Even the lowest of income get more health care benefit than what they

kotacoug

2/18/18 7:43am

Only because they are on Medicaid

Croweater

2/18/18 7:50am

Rising care of health costs are because of the administration bloating

goofball

2/18/18 8:17am

Yep

Idahofallsblue

2/18/18 10:25am

The solution is simple but can big business put down their ledgers and do it?

ArchbishopMitty

2/18/18 9:53pm

guy I work with wife has lupis. She just got out of her second stint in the

bald man

2/19/18 6:16am

This whole thread is full of people who have no idea what they’re talking about, but this might be the winner

SJS

2/19/18 6:20am

just repeating what her husband said they did. I've no clue what they did.

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