I tend to call BS on all of them. None of them explains why especially hospitals tend to charge almost random prices for the same thing, make constant billing mistakes and haunt the patient for years with changes that already have been settled with the insurance. It doesn't explain why the medical device my company sells for 30k gets charged 140k by the hospital (happened to my girlfriend). Or why for the same 1 hour surgery one hospital anesthesiologist charges 12k while somewhere else the charge is 3k.
The whole system is totally corrupt, opaque and highly profitable for doctors, administrators and middlemen. Each of them blames the other while never providing any real accounting with hard numbers.
However, if cost is important, why are prices not transparent, and the same for all treatments (hint: medicare is a big reason)?
Why do states have laws that prohibit competition? In many states, you can only build a new hospital if existing hospitals OK it.
In our state, why is there a shortage of general practitioners? (hint: after paying malpractice insurance and student loans, its almost impossible to make a living). So, GPs are moving to other states.
Mis-regulation has created an environment where market forces are prohibited from operating, predatory lawyers make a killing, cronies are comfortable - with predictable results.
You can't have transparent pricing if medicare comes in and imposed unrealistic pricing. It only works if the advertised price is the same price for everyone.
You can't have inexpensive malpractice insurance without the English Rule, and if the tort system is basically a lottery.
The health insurance companies are a much bigger problem than the care providers.
Things that might be productive instead of pointing fingers:
* all medical services and medicines provided by a provider must have a single, public price
* prohibit employer provided health insurance, replacing it with insurance purchased by individuals with pre-tax money
* enable interstate purchase of health insurance
* expand the health care exchange that federal employees have access to to create a single, unified market for purchasing insurance
* introduce the English Rule to reign in trial lawyers
Why not? You still can publish prices.
With single payer the government could also put together some emergency grants/funds for hospitals that can't cope -- as long as they accept auditing from the government of all their processes/administration salaries/etc.. and follow guidelines take pay cuts to recommended averages, etc...
TLDR; Medicare for all will solve this issue, it will need to set the low-end higher obviously to compensate for where hospitals make the bulk of their money, but it'll need to hold hospitals accountable for better money management, and pay structures, and price gouging. Not to mention one of the largest cost savings : single-bulk-payer for drug purchases.
In the US, you can get an MRI pretty much immediately from one of many facilities. The wait time in Canada is pretty ridiculous, and far below the standard of care anyone should expect.
https://www.fraserinstitute.org/studies/waiting-your-turn-wa...
I've known people who moved to the US from Canada because they could not get adequate health care under the single payer system. Hospitals on the border with Canada routinely have to deal with the spill over from Canada because Canada's system does not have the capacity to deal with all of the cases (I have relatives in such hospitals who talk about this). Medical tourism to the US from Canada is one of the few options people have to get timely access to needed healthcare.
We already have an enormous amount of regulation and control of this area by the government and it is not working. Regulation can be like violence - its practitioners always seem to want to use more if it when it is not working. It's time to take a step or two back and reevaluate.
So, so committed to providing care... they're practically working for free. Maybe they're even losing money.
Side note: Google is bizarre. You can tell what words Google thinks are effectively synonyms by typing one word and then seeing which words are bolded in the results; I searched "median earnings of a doctor in the usa" and it bolds "mean" and "average"...
Any substantial change to the pay structure for physicians needs to address the cost of education and training, and not screw over a large cohort of physicians saddled with debt who see a massive pay cut. They will significantly oppose any attempted changes that don't address these two things.
Doctors in Europe are paid a good bit less than here in the US, but their education is paid for (and then some) by the state.
So, the real story is that these doctors and hospitals are so committed to providing care, that they're willing to figure out ways to provide it despite medicare.