The only reason wait tines would possibly be lower in for-profit health care is because there are fewer people in the system because more people can’t afford it.
Huh, that’s actually surprising but I guess explained by how expensive the degree is over there and how many people don’t want to get into debt over it
I think that is the trade off. The filter of the risk is greater then the potential in reward. Which is also probably why the reward is so high for the few that do make it to there and choose that route.
For-profit healthcare has an incentive to minimize costs
Public healthcare can have incentives like less wait time …. As long as we decide to pay for it
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Edit: maybe I assumed too much context since everyone is reading the opposite of my intended meaning
For-profit healthcare has an incentive to [maximize profit, typically by] minimize costs [to them].
They will pay medical providers as little as they can, which increases wait times. They do not have incentives to reduce wait times
Public healthcare can have incentives like less wait time …. As long as we decide to pay for it
Without the profit motive, public healthcare can choose to pay for better service , reducing wait times. Typical approaches for similar services would be setting standards on things like the max number of patients a physician can support. They probably won’t, because Conservatives, but they could
Rather than just downvoting you, let me explain why you are getting downvoted. It’s because that isn’t true. For-profit healthcare will both want to increase the cost as well as decrease the cost depending on where within the chain they are and where the money comes from. Are you billing the government through medicare/medicaid? Max that shit out and stack codes. Are you the provider trying to claw money from the insurance pool? You are forced to minimize everything or risk being rejected and not paid anything for services already rendered.
This notion that our for-profit system saves money and is somehow more efficient instantly breaks down the second you compare how much we spend on the same services compared to universal or single payer systems. The USA pays approximately triple per capita for Healthcare while also receiving poorer outcomes on average.
Not only that, if our system incentivized lower prices, then why is medical tourism a thing that Americans do to other countries? Like going to Canada to buy your prescription drugs or Mexico for dental work?
If you spent even one minute looking up the cost of American Healthcare compared to other comparable countries, you would have known how false your statement was.
Medicare and medicaid can and will reject you too tbh. In any case, they’ll bill the maximum they think will stick with the particular payor. Denied claims can be resubmitted with charges if necessary.
There is an incentive to lower overheads but when they can simply raise prices to compensate the incentive isn’t as appealing as the simpler, easier option.
The only reason wait tines would possibly be lower in for-profit health care is because there are fewer people in the system because more people can’t afford it.
And we’re told that’s a good thing?
Probably more doctors too since they’re paid ridiculous sums in private practice.
Per capita the US has fewer doctors to patients compared to OEDC countries with public healthcare.
Had to look it up since that seems like a reasonable argument but the stats don’t seem to line up
Huh, that’s actually surprising but I guess explained by how expensive the degree is over there and how many people don’t want to get into debt over it
I think that is the trade off. The filter of the risk is greater then the potential in reward. Which is also probably why the reward is so high for the few that do make it to there and choose that route.
For-profit healthcare has an incentive to minimize costs
Public healthcare can have incentives like less wait time …. As long as we decide to pay for it
—-
Edit: maybe I assumed too much context since everyone is reading the opposite of my intended meaning
They will pay medical providers as little as they can, which increases wait times. They do not have incentives to reduce wait times
Without the profit motive, public healthcare can choose to pay for better service , reducing wait times. Typical approaches for similar services would be setting standards on things like the max number of patients a physician can support. They probably won’t, because Conservatives, but they could
Rather than just downvoting you, let me explain why you are getting downvoted. It’s because that isn’t true. For-profit healthcare will both want to increase the cost as well as decrease the cost depending on where within the chain they are and where the money comes from. Are you billing the government through medicare/medicaid? Max that shit out and stack codes. Are you the provider trying to claw money from the insurance pool? You are forced to minimize everything or risk being rejected and not paid anything for services already rendered.
This notion that our for-profit system saves money and is somehow more efficient instantly breaks down the second you compare how much we spend on the same services compared to universal or single payer systems. The USA pays approximately triple per capita for Healthcare while also receiving poorer outcomes on average.
Not only that, if our system incentivized lower prices, then why is medical tourism a thing that Americans do to other countries? Like going to Canada to buy your prescription drugs or Mexico for dental work?
If you spent even one minute looking up the cost of American Healthcare compared to other comparable countries, you would have known how false your statement was.
Medicare and medicaid can and will reject you too tbh. In any case, they’ll bill the maximum they think will stick with the particular payor. Denied claims can be resubmitted with charges if necessary.
lol
the exact opposite is the truth
There is an incentive to lower overheads but when they can simply raise prices to compensate the incentive isn’t as appealing as the simpler, easier option.