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Reply to "Related to health insurance question - Why can't we comparison shop for medical care?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]In MD the hospital rates are set by the state. Regardless, there isn't even consistent pricing with a single provider. Which prices do you want to compare? Insurance A contracted prices? Insurance B? Retail? Cash on;y discount? Medicare? [/quote] And correct me if I'm wrong, but I don't think that MDs even know what things cost. I mean they might know in the ballpark or weather is covered by the insurance, but that kind of stuff is left for the billing folk.[/quote] ^This is why many have pushed for business school like training for MDs. Running a practice is no different than running a large business. You need to know how to balance a budget and provide good care while minimizing the risks.[/quote] I think that's why they hire office managers and have accountants. I disagree that they need to be jacks of all trade. They need to practice medicine.[/quote]
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