Quote:
Originally Posted by Work Horse
How is it that the USA can pay so much for healthcare and get such a bad outcome? Allowing the 'market' to determine the cost of healthcare Americans are over charged and over serviced. Without government regulation in healthcare, that every other modern democracy has, Americans are getting ripped off by big business maximising profits.
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From what I understand the insurance companies tried low balling all the hospitals by not paying the costs and only a fraction (as it was going to save them heaps of money). So then the hospitals jacked thier prices up otherwise the hospitals were going to go under. That's why a $16 IV saline drip now costs $8000 if you were to pay without insurance.
The us is one of the worst examples to use and it is a huge issue over there to the point the affordable care Act is no longer a 'socialist' policy to the Republicans.