For those looking for a fix to US healthcare I think it's something like this:
- (user incentive to reduce cost) insurance is structured as co-pay of [20+]% on all expenses, no exceptions
- (price transparency) require healthcare providers to quote upfront for care, via API/website/phone/in-person. Price paid by anyone is the same except for expenses related to billing. E.g
- (create competition) enable creation of small scale clinics, testing facilities, and laboratories
And for God's sake, get the government out of it!!
One (social) system that may work well is the South Korean one: private provision of healthcare services; government run insurance scheme with mandatory payments by those that can afford to pay
I love markets, but health insurance really is a tough one given the govt can't seem to let people make their own mistakes on healthcare, so I think it might make sense to make it govt run.
Edit: the thing to acknowledge here is that it probably won't push the frontier of healthcare as much as the current US system does, but at least it would be high quality and affordable (not people's largest or second largest expense item).
> One (social) system that may work well is the South Korean one: private provision of healthcare services; government run insurance scheme with mandatory payments by those that can afford to pay
Do you know if SK govt owns hospitals? Or are they all private? In Japan, it has a similar system, but lots of the larger facilities are owned by govt, or associated with a public university.
- (user incentive to reduce cost) insurance is structured as co-pay of [20+]% on all expenses, no exceptions
- (price transparency) require healthcare providers to quote upfront for care, via API/website/phone/in-person. Price paid by anyone is the same except for expenses related to billing. E.g
https://surgerycenterok.com/
- (create competition) enable creation of small scale clinics, testing facilities, and laboratories
And for God's sake, get the government out of it!!
One (social) system that may work well is the South Korean one: private provision of healthcare services; government run insurance scheme with mandatory payments by those that can afford to pay
https://en.wikipedia.org/wiki/Healthcare_in_South_Korea
I love markets, but health insurance really is a tough one given the govt can't seem to let people make their own mistakes on healthcare, so I think it might make sense to make it govt run.
Edit: the thing to acknowledge here is that it probably won't push the frontier of healthcare as much as the current US system does, but at least it would be high quality and affordable (not people's largest or second largest expense item).