Probably a justice system where you can’t be sued for 150 bajilion for every time someone slips on wet floor. And where health insurance does not expect you to give them 95% discount because every other hospital does. Among other things.
Ok it isn’t bloody free either. What do you mean there is not a lot of them? Have you been to any clinic the past 30 years? Look at all the gear they got. What about medications? They aren’t going to be able to buy in bulk. It feels like every single doc I have met in my life tried at least once to go into private practice and struggled.
But hey if these are easy to defeat problems I am all for someone doing it. Open up a clinic and run it at cost and donations. Take no insurance and somehow find a way.
Marginal costs capture the costs for helping one more patient, so most of the issues presented are handled. Fix costs cover the cost of equipment that can be reused without additional costs. Fixed costs can be paid for with “one time” money like grants and donations.
Malpractice insurance accounts for about 2.4% of overall healthcare costs in the US. Meanwhile, healthcare costs are going up at around 4% a year. So, let’s assume malpractice never really happens (ha) and we can entirely eliminate that cost by outlawing malpractice suits completely. Great, we just solved half a year of healthcare inflation.
I am tired of this. Is anyone actually working on solutions or are we just going to complain?
What would it take to setup a low cost health care clinic and hospital that is covering it’s marginal costs?
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That story is pretty horrific.
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Thank you for sharing this story. Things can only change is the abuses are shared with many people.
I am sorry she is going through this.
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That really sounds like some dystopian science fiction novel. But I guess that’s true for a lot of things going on in the US right now.
Funny you should say that. When she first told me what was going on, my mind immediately went back to that Robin Cook novel Coma from the 70s, lol.
Probably a justice system where you can’t be sued for 150 bajilion for every time someone slips on wet floor. And where health insurance does not expect you to give them 95% discount because every other hospital does. Among other things.
I don’t know. How would you get around malpractice insurance and deal with the competition that has economy of scale?
Malpractice insurance is not infinitely expensive.
As for economies of scale, there are not a lot of them. One doctor and one patient.
Ok it isn’t bloody free either. What do you mean there is not a lot of them? Have you been to any clinic the past 30 years? Look at all the gear they got. What about medications? They aren’t going to be able to buy in bulk. It feels like every single doc I have met in my life tried at least once to go into private practice and struggled.
But hey if these are easy to defeat problems I am all for someone doing it. Open up a clinic and run it at cost and donations. Take no insurance and somehow find a way.
Do you know what “marginal cost” means?
Edit: that was more aggressive than is helpful.
Marginal costs capture the costs for helping one more patient, so most of the issues presented are handled. Fix costs cover the cost of equipment that can be reused without additional costs. Fixed costs can be paid for with “one time” money like grants and donations.
Malpractice insurance accounts for about 2.4% of overall healthcare costs in the US. Meanwhile, healthcare costs are going up at around 4% a year. So, let’s assume malpractice never really happens (ha) and we can entirely eliminate that cost by outlawing malpractice suits completely. Great, we just solved half a year of healthcare inflation.
do what everyone else is doing
vote biden he promises to fix it