Countering medical cost myths

Other discussions not related to the Permanent Portfolio

Moderator: Global Moderator

WiseOne
Executive Member
Executive Member
Posts: 2692
Joined: Wed Feb 16, 2022 11:08 am

Re: Countering medical cost myths

Post by WiseOne »

Let's hope you're right Maddy! If the regulation works as the Trump administration hopes it could be a big step forward. If it is effective though, just wait for hospital groups and the AMA to start in on the lawsuit train. They've got a nice little racket going and I'm sure they won't give it up without a fight.

In related healthcare cost news....supposedly this year premiums are reported as being stable. Does that mean health costs aren't going up? Ha, more fool you for believing that. I just discovered that the cost of my prescription meds are going up 121%. I pay full price for prescriptions as part of my deductible, but I do get the insurer's negotiated prices.

I'm experimenting to see if I can't substitute over the counter products (easily available through Amazon). It's not like I can't afford the meds even at the increased prices, but it's so enraging to be fleeced like this. It'll be nice to be able to handle my HRT privately and independently of the health care system.
User avatar
Maddy
Executive Member
Executive Member
Posts: 1694
Joined: Sun Jun 21, 2015 8:43 am

Re: Countering medical cost myths

Post by Maddy »

https://www.wnd.com/2019/11/doctor-wins ... cal-costs/

Here's a timely case to watch. A North Carolina doctor seeking to provide low-cost MRI services to the community is challenging the state's requirement that he first obtain a certificate of need--an administrative process designed to protect the existing medical monopoly by creating artificial scarcity.
The case alleges North Carolina's CON law is unconstitutional because it bans medical providers from offering services patients need "solely to protect existing providers from competition."

"In order to receive a CON, providers must persuade state officials that new services are 'needed' through a cumbersome process that resembles full-blown litigation and allows existing businesses, like established hospitals, to oppose their applications," IJ said.
* * *
"Can the state ban Dr. Singh from providing low-cost MRI services for patients who can least afford them just to protect established providers from competition?" asked IJ Attorney Josh Windham, who represents Singh. "We’re ready to explain to the court why, under the North Carolina Constitution, the answer is no."
Post Reply