After SPIN! Video: Should health care costs be more transparent?
Published September 17, 2018
After SPIN! "Question to Rob Schofield and John Hood – State Treasurer Dale Folwell administers the State Health Plan with some 730,000 current and retired state employees. Folwell asked UNC Hospitals, the largest health care provider, to give him a detailed list for the costs for procedures. What he got was the state contract that was so heavily redacted as to be unusable. Was Folwell wrong to ask for the list? UNC said the information was proprietary. Were they wrong in not providing it? How can we reduce costs if we don’t know that healthcare costs?"
September 23, 2018 at 11:55 am
Norm Kelly says:
Both speakers make very good, valid points.
Most people do NOT research where the best price is available, SOME research where the best care can be found.
For those of us who WOULD LIKE to research price AND care, we are not able. The information is simply NOT available. It's a 'trade secret'.
What's the solution? Of course, the obvious and only workable solution is to make government the sole provider of anything/everything health care related. This does NOT add transparency. This does NOT provide efficiency. This does NOT provide oversight. What does socialized medicine add to the formula? Cost. Overhead. Strict price controls NOT related to real life, not related to what's best for the patient, not related to what's best for the health care provider. What's the upside to socialized medicine?
Trust me, if you could answer that 1 question, you would be the savior of the world (second to Jesus!). Governments all over the world would pay you to fix their broken socialist programs. But, since answering that question is IMPOSSIBLE, you will stay in the same financial position you are today. Unless, of course, your government implements socialized medicine, then you will be poorer and less healthy than you are today! Facts are those darn funny things that American demoncrats and socialists all over the world need to ignore in order to implement their schemes.
