The Washington Post has a great article on the costs of healthcare in the US (please see the link below). The article argues that Americans don't seek more healthcare than other developed countries, yet we are paying nearly double on average on an annual basis. Why is this? The article argues because our system has no pricing transparency.
My favorite quote from the article, however, is:
Health care is an unusual product in that it is difficult, and sometimes impossible, for the customer to say “no.”
I believe price transparency is part of the problem, but not all of it. I still believe (and the article mentions this too) that the easiest way to reduce healthcare costs is by eliminating waste. Let's stop doing things the way we did in the 1980's and update our standards. We will reduce costs and save lives.
0 Responses to "Why are prices so high in American healthcare? #ptsafety #healthcare"
Post a Comment