Monday, October 27, 2008

Leverage

Kevin, M.D. is concerned that single-payer healthcare plans dictate the prices of medical procedures to providers.

But that's exactly the point, Kevin. If providers don't like the contracts they've negotiated with insurers, they need better negotiators, or to find ways to cut the costs of procedures. It costs a heck of a lot more to get an MRI in the US than in Japan, and this isn't merely because the technology is more available in Japan.

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