Cash is always king especially when Washington is out of control stealing everything that they can get their collective hands on which includes health care and our personal freedoms.
Like most other attempts to regulate an acceptable institutions like health care, there will be people that will find a way to serve the needs of the people and make a profit at the same time. Unfortunately our socialist government will attack the innovators and their families like they did with tax supported agencies like the IRS attacked 292 Conservatives and Republicans organizations seeking tax exemptions before the national election in 2012. Not one was approved!
The socialists know no limit to their ideology. But no matter, ObamaCare is all about taking control of the population, forcing the people to do the bidding of a progressive socialist liberal democrat over reaching government. That there isn't any money to make this work is of no importance. When the government can't afford to take care of every one, then the death panel will kick in and make the hard decisions of who get treated and who doesn't.
Oh no, can't happen here, right? Sorry about this but it's already here. All that needs to happen is for everyone except the fact individual freedom to chose is going away, and the majority of the population doesn't know it or they don't care enough to stand up and say enough, that is until it's too late.
Gruber is right, the population is stupid - why else would they elect Mr Obama and his progressive socialist ideology twice even when they are personally living the nightmare. Go figure.
The United States Could Learn from Britain's Cash Market for Medical Care
Source: Linda Gorman, "Guess Where Fair and Transparent Hospital Prices Exist?" National Center for Policy Analysis, March 2, 2015.
March 6, 2015
Britain has long had an active cash market for medical care provided by private hospitals, which helps people get around the long waits in the National Health Service, and also serves people from abroad.
Nuffield Hospitals advertises firm, fixed, all-inclusive prices good for 60 days after an initial consultation. For more complex procedures, one pays for the initial consultation and the hospital develops the price from that. The Nuffield price generally includes post-operative care, rehab, and required readmissions.
Like Walmart, Nuffield will match competitor prices under reasonable conditions — "If you find an alternative private hospital in your local area offering a better price for the same surgical intervention, sold with the same service conditions, we'll lower our price to equal it." The conditions require the other private hospital be within 15 miles of the Nuffield hospital, exclude NHS private patient prices and require a written quote.
The international healthcare group, Bupa, offers private insurance, elder care, and private hospitalization. Beneficiaries of its Health Cash Plan pay providers, send Bupa the bill and receive the Bupa contract amount in cash. Bupa advertises no pre-authorizations to see specialists and 24/7 phone consultation with nurses and GPs.
In the US, Obamacare, Medicare and Medicaid set arbitrary prices. Medicare outlaws price negotiation, short-circuiting the pricing mechanism that transmits vital information about what customers want and what suppliers can provide. Without that information, even the most well intentioned regulators will fail in their quest for price transparency and efficient service bundles.
Nuffield Hospitals advertises firm, fixed, all-inclusive prices good for 60 days after an initial consultation. For more complex procedures, one pays for the initial consultation and the hospital develops the price from that. The Nuffield price generally includes post-operative care, rehab, and required readmissions.
Like Walmart, Nuffield will match competitor prices under reasonable conditions — "If you find an alternative private hospital in your local area offering a better price for the same surgical intervention, sold with the same service conditions, we'll lower our price to equal it." The conditions require the other private hospital be within 15 miles of the Nuffield hospital, exclude NHS private patient prices and require a written quote.
The international healthcare group, Bupa, offers private insurance, elder care, and private hospitalization. Beneficiaries of its Health Cash Plan pay providers, send Bupa the bill and receive the Bupa contract amount in cash. Bupa advertises no pre-authorizations to see specialists and 24/7 phone consultation with nurses and GPs.
In the US, Obamacare, Medicare and Medicaid set arbitrary prices. Medicare outlaws price negotiation, short-circuiting the pricing mechanism that transmits vital information about what customers want and what suppliers can provide. Without that information, even the most well intentioned regulators will fail in their quest for price transparency and efficient service bundles.
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