Reply to post: Re: Solution to a non problem

Australian Government funds effort to secure wearable data pulses

Gene Cash Silver badge

Re: Solution to a non problem

Interesting solution to healthcare costs: Make 'em publish how much a service/procedure costs and let capitalism take its course. At least on this side of the pond, it's absolutely completely fucking impossible to find out, even after you've had it done.

One state did that (Massachusetts?) and it turned out one hospital charged $X for an appendectomy, and another charged $3X. Of course there was A) the outrage at the differential, and B) the inevitable flow of everyone to the first hospital, resulting in the other hospitals lowering prices to match.

It doesn't completely solve all the problems, but it's a pretty good start.

The real shock was all the insurance companies going WTF? implying even they didn't know the actual costs either.

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