Medicare will require hospitals to post prices online

Re:Medicare will require hospitals to post prices online by darkerside on Wednesday April 25, 2018 @01:15PM (#16923734)

That's inappropriately anthropomorphizing the market. The market doesn't choose anything. I choose, and the market determines my constraints in choice. Since I'm well employed and not poor, my constraints are to my liking. My question regarding those who don't share that set of constraints. For some people, they go to the emergency room in cardiac arrest, having no insurance or ability to pay for critical treatment. Currently, they are treated, and costs are passed on to other consumers. Under single payer, those cost distributions would be made explicit. So besides doubling down on socialism, it accepting the status quo, are there reasonable alternative?

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Re:Medicare will require hospitals to post prices online by creaghpatr on Wednesday April 25, 2018 @01:30PM (#16923886)

My half-baked opinion is that there should be a two tier system like US education.

Free primary and preventative care along with dental and vision, and have a government subsidized insurance program for hospital/long term illness coverage akin to the public university system (along with the in-state discounts).

And allow for a parallel private system to exist for those who want to pay more and get allegedly better treatment.

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Re:Medicare will require hospitals to post prices online by ceejayoz on Wednesday April 25, 2018 @01:32PM (#16923913)

Australia works on this model.

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Re:Medicare will require hospitals to post prices online by monocasa on Wednesday April 25, 2018 @02:04PM (#16924276)

So how NHS works in the UK?

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Re:Medicare will require hospitals to post prices online by pessimizer on Wednesday April 25, 2018 @02:20PM (#16924439)

No. If you have a private system, the public system gets abandoned; it's the first thing to be cut when budgets are constrained because no one making the decisions knows anyone who uses it. See US public schools.

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Re:Medicare will require hospitals to post prices online by monocasa on Wednesday April 25, 2018 @02:48PM (#16924728)

I mean, there's a separate private system in the UK.

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Re:Medicare will require hospitals to post prices online by zaroth on Wednesday April 25, 2018 @02:40PM (#16924643)

Public school funding per child increased 33% from 1995-2015.

EDIT: This does appear to be inflation adjusted. Here’s a federal source which is definitely inflation adjusted showing funding increasing in real terms by 27% from 1995-2013. [2]

[1] - http://apps.urban.org/features/education-funding-trends/

[2] - https://nces.ed.gov/programs/digest/d16/tables/dt16_235.10.a...

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Re:Medicare will require hospitals to post prices online by InitialLastName on Wednesday April 25, 2018 @02:55PM (#16924834)

If it had been tracking inflation, it would have increased 55% in that time [0]

[0] http://www.in2013dollars.com/1995-dollars-in-2015?amount=100

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Re:Medicare will require hospitals to post prices online by croon on Wednesday April 25, 2018 @03:02PM (#16924913)

That's a 14% decrease adjusted for inflation.

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Re:Medicare will require hospitals to post prices online by creaghpatr on Thursday April 26, 2018 @09:08AM (#16931498)

For all the justified complaints about the US education system, it does a fairly impressive job moving the bulk of the country's children through a complex system to navigate.

Many of the country's best schools are public, especially at the college-level.

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Re:Medicare will require hospitals to post prices online by isostatic on Wednesday April 25, 2018 @03:01PM (#16924895)

The NHS has survived for 70 years, as has BUPA, so your argument rather falls flat.

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