by denzell » Sat Nov 19, 2011 2:36 pm
I think the malpractice insurance is a big factor, but not the only factor. An ob/gyn I know said his insurance costs $100K per year. That cost gets passed on in the billing. So yes, restricting litigation would help.
I also think that mandating that healthcare payors be nonprofit organizations would help (get rid of that 12% profit margin and also reduce the insurance MARKETING costs that get added into your bill). Also banning direct to consumer drug advertising would help, by reducing the # of patients requesting pills they don't really need, plus drug companies spend billions per year on this, which gets added to the cost of drugs.
So would improvements in hospital/pharmacy IT infrastructure (medical records) - countries with more efficient healthcare systems have more modern IT infrastructure than the US does, by far. There are privacy issues here, though.
Reducing the number of uninsured patients would help...because they don't do preventive or health maintenance as much as insured patients do, so are more likely to end up in the ER or hospital when they do get sick. That could be achieved by making it illegal for insurers to deny coverage based on medical history in the private (non-employer) market...
Being more vigilant about illegals using the ER would help...having more doctors and clinics be cash-only would help...regulating the insurance industry to cut down on administrative costs related to reimbursement would help...allowing Medicare to negotiate with drug companies over prices would help...
Gaah! Is our health care system a mess, or what??