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8/21/13

How one man saved $17,000 on his medical bill

The only way to make health care more affordable is to diminish the role of third-party payers, writes this doctor in the WSJ. "Let consumers and providers interact through market forces to drive down prices and drive up quality, like we do when we buy groceries, clothing, cars, computers, etc.
"Drop the focus on prepaid health plans and return to the days of real health insurance—that covers major, unforeseen events, leaving the everyday expenses to the consumer—just like auto and homeowners' insurance.  Sadly, we are heading in the exact opposite direction. ObamaCare expands the role of the third party and practically eliminates the role—and the say—of the patient in the delivery of health care. Will they ever learn?"  Read it all.  [BJS]