Re:Direct Primary Care
by virmundi on Monday January 09, 2017 @10:03AM
(#13356772)
The hip replacement can be covered under another policy like a home warranty. At the same time, without coverage, the prices have to come down. If they don't, all of those expensive doctors are bringing in near $0. Such an economic position is untenable.
The other two are probably going to be fixed through direct market forces. If the people of America can only pay $X, then the makers of the drugs can only charge $X + small premium to have a market. Since they would face a similar price pinch abroad, they'd have to adjust their prices.
We've seen the inverse of the price pinch with the epi-pen scandal. The makers knew the price could go up since insurance would absorb the cost.
The other two are probably going to be fixed through direct market forces. If the people of America can only pay $X, then the makers of the drugs can only charge $X + small premium to have a market. Since they would face a similar price pinch abroad, they'd have to adjust their prices.
We've seen the inverse of the price pinch with the epi-pen scandal. The makers knew the price could go up since insurance would absorb the cost.