this post was submitted on 09 Feb 2025
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So you have drug companies changing hundreds to thousands of dollars for certain treatments that have a marginal cost of a few dollars.
You have hospital administrations that tack on thousands for noting that a particular staff member was part of a visit, no matter how trivial.
Insurance companies are denying coverage for necessary medical treatment, and constantly second guessing the opinions of the health care providers.
The insidious thing is the way the system is, they all independently end up with rationalizations. If insurance companies give providers and drug companies a blank check, then they will only price even worse. On the flip side, the "list price" is a lie to give insurance companies room to "negotiate" and so uninsured get screwed. Hospitals have to cover cost for care that will never be paid for, so everyone that would pay ends up paying more.
Health care is just not an area where privatization works that well. You might have some more elective facets be in the realm of privatization, but basic wellness just isn't a good fit.