Quote:
Originally Posted by aceventura3
I think those problems are consistent with my original concerns. Whenever you have a third party paying the bill, people don't care about controlling costs. Whether the third party is big government, or big insuance it seems people won't care about anything other than their immediate needs no matter what the cost. That will lead to either more and more restrictions or the bankruptcy of the system.
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Those are good points but in most cases even if you are concerned about controlling your medical costs there is little you can do about it. When you are taken to the hospital after an accident or serious illness there doesn't seem to be much you can do to negotiate how much they will charge you. There seems to be little or no competition in the medical industry.
The only cost controls seem to be determined by insurance companies (if you have insurance). Having insurance executives determine our healthcare costs does not seem to be working very well for many of us.