Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> currently we pay 2x what a normal developed country would pay for the level of service provided, because there is a thick layer of paperwork, with insurance companies going back-and-forth with medical providers to debate and negotiate billing.

Oh, sweet summer child. We don't pay 2X because there's too much paperwork. There's too much paperwork because 2X spending can be used to justify a lot of paperwork. The delta in spending is due to the delta in pricing power that the US payer/provider complex has vs what is seen in other countries.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: