Britain’s National Health Service turns 75 this month. It is in the deepest crisis of its history: flooded by aging patients; starved of investment; and understaffed by doctors and nurses, many of whom are so burned out that they are either joining strikes or leaving for jobs abroad.
Ralph Weber is interviewed on Ron Barshop podcast September 25, 2019. Many patients find that their deductible is higher than any insurance savings would be. Hospitals collect 1/3 of their debt by collectors that harass families by all means. These collections are the cash cow of the hospital. Medical debt then in turn affects credit … Continued
by Ralph Weber Early in May 2014, the administration released guidelines that stated that balanced billing, which exceeds the reference price, is not subject to the employee out-of-pocket limit of $6,350 for single people and $12,700 for those with dependents (in 2014). This means that if your plan sets the reference price for a procedure … Continued
by Lee Kurisko, MD One of the fundamental problems with US health care is that patients do not function as consumers in a meaningful way and are not cost-conscious because third parties control the majority of the dollars in health care transactions. Without being consumers that foot the bill, patients are not interested in prices … Continued
Three things matter in health care: price, quality, and facilities. Price is the easiest to find out. If the free market could work in health care, you would upload your x-rays and other information to a secure site. Doctors could then submit bids on the procedures. Then you can check the credentials of the surgeons. … Continued