Reduce Health Costs By Vigilance for Overuse?

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This article compares McAllen, Texas, the city with one of the highest Medicare costs per capita in the country, at nearly twice the national average, with cities with Medicare costs less than the national average. Health outcomes are the same(!).

Relevance to financial planning: The article makes a compelling argument that doctors that have a revenue interest in what they prescribe (by way of procedures etc.) then overprescribe, and with no superior effect in health outcomes. The solution is not at all necessarily a single payer system but promoting the use of models like the Mayo clinics (details are in the article).

Reply to
Elle
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That is why Medicare and untaxed employer health plans have made a major contribution to the cost of health care in the US. If the patient gets it all for free, they want a lot more of it, and will not pay any attention to the cost. The number one person responsible for watching costs is the consumer. Or, it should be.

Reply to
Wallace

on 6/12/09 10:18 AM Wallace said the following:

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But the consumer only has a hazy idea of cost in most plans. It is designed that why to drive up costs for all the players but the consumers who have no seat at the negotiating table. Not Health Care, Sick Care.

Reply to
Yadda

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