One of the best reasons I’ve seen explaining why health reform is so difficult.
Related posts:
- The public’s confusion
- The price of covering everyone
- How price controls in medicine have worked out
- The price of curbside consults
- Hospital price inflation
- Price and perceived effectiveness
- Why price transparency won’t affect health care costs
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1. Nothing is priceless, including life itself. If you told me today that I am going to die in 6 weeks, but that I will probably live with treatment that will cost me all of my assets including retirement funds and put me in debt the rest of my life, I would decline and prepare to die. I would rather leave something to my wife and college age children. It isn’t like the kids listen to my wisdom anymore.
If you told me that it was going to take everything you own, and everyone else reading, I would probably find it well worth while. What is life compared to someone else’s money?
2. He is wrong on one major point. A unlucky few actually do pay those extravagant gross charges that hospitals and some doctors gin up.
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