Reply to Related to health insurance question - Why can't we comparison shop for medical care?

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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]I am a health economist who recently went though IVF, which is a market that should (and does) have more price transparency than the overall health care market (due to less insurance coverage, the fact that treatments are not an "emergency" so unlike a heart attach you can shop around, etc) and I found it was still hard/impossible to determine he total cost going in.  For example, you could need higher doses of drugs than the doctor expected, which would increase the cost or your embryo could unexpectedly need a special procedure that costs extra.  Overall, the experience made me feel that getting rid of insurance (even if people could afford to pay their full medical costs when sick, which they can't) would not make health care a perfectly functioning market.  At best, it will be like the market to get your car repaired, where the mechanic knows more than you and you can get screwed over even if you get a second opinion (or pay a lot when it was necessary and just wonder if you got screwed over).[/quote]

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