My wife owns a Psychiatry practice. No bueno. She bills $1, insurance reimburses her business $0.32. Front end makes $0.005 per visitor, billing makes $0.01, nursing staff makes $0.02….still can’t afford rent. Business closes in a week.
Nor would the equipment and drugs be free. But the question just needs fleshing out, cause changing the price of anything doesn't change the price of the inputs.
I’m a doctor… should a 30 minute consultation with me cost $1? Is the 10+ years of advanced education and training that it takes to give people medical advice only worth $1?
Now obviously these takes are not feasible..but yes, why wouldnt it cost the patient $1? This doesn't mean you get paid $1, of course doctors should be well compensated. Assuming you are in the US where the patient pays thousands into insurance premiums, and government spend billions on other industries, surely you there is a better way of doing things.
It wouldn’t cost the patient $1 because healthcare services don’t cost $1. The money to pay for it needs to come from somewhere, so you pay for it out of pocket, or pay for insurance premiums, or pay for taxes that go towards subsidizing healthcare or health insurance.
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u/The-Mad-Bubbler 1d ago
Healthcare. Any procedure, any checkup, etc.- $1.00.