One big problem in our healthcare system is its lack of price transparency.
Different insurance companies negotiate different rates with different networks. Middlemen called pharmacy benefits managers (PBM) similarly control drug prices. Cash pricing is something else altogether.
So it made me laugh to listen to two physicians—who I think are stars in the conversation about REAL healthcare reform—banter about trying to order a meal at McDonald’s…
It’s ridiculous, isn’t it?
Marty Makary, MD, is a professor of surgery at Johns Hopkins. He recently wrote an excellent book on the topic of price transparency: The Price We Pay: What Broke American Health Care and How to Fix It.
Zubin Damania, MD, aka ZDoggMD to his multitude of social medial followers, is a primary care physician. His passion is meaningful healthcare reform, or creating a system that centers around the physician-patient relationship.
Families are struggling to pay for healthcare. The nation is struggling, too. Healthcare costs are predicted to eat up 20% of the GDP within a few years.
More policy changes are coming. There’s a lot of noise about Medicare-for-All, which makes an easy slogan but in reality won’t work like Medicare at all.
ZDogg has another video about that.
I believe it’s important for voters to be more informed about healthcare policy. Give elected officials more input. Share stories of how high prices and unexpected costs have hurt families financially, emotionally and physically.
Big Pharma, the insurance industry, and corporate healthcare behemoths helped draft the Affordable Care Act (ACA). And they’ve had record profits over the last 10 years.
Do we really want to entrust our health to corporate interests?
Like ZDogg, I’d love to see our healthcare clawed back from the government and Big Health so it’s more accessible, affordable, and in the best interest of the patients, not profits.