Brain357
Platinum Member
- Mar 30, 2013
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So frugal...No they really are.But it’s not. When it comes to life or death, people aren’t great consumers.That's how all products work.Interesting example. Looks like price has gone up however.So you are saying people look for the best surgeon and don’t shop price. I agree, that’s why markets don’t work in healthcare.
One part of healthcare has not been covered by insurance and we have seen quality consistently go up while prices have cone down, and that's Lasik eye surgery. Today, you can get it done on sale or you can pay a lot, it's up to you. And yes, you see ads touting low costs.
The average cost of LASIK surgery performed the United States in 2017 was $2,088 per eye, according to a report prepared for All About Vision by a leading vision care industry analytics company.
This is slightly higher than the average price for LASIK performed in the U.S. in 2016, which was $2,059 per eye.
https://www.allaboutvision.com/visionsurgery/cost.htm
It comes out, it's expensive so only rich people can get it
then the price drastically comes down....then after it stabilizes it goes up yearly just like anything else
So yes healthcare is a product just like any other in the US......which is why shopping will work to reduce costs.
Do you live in the US?
People will shop for their own funeral stuff.......keyword SHOP
they will shop for their own doctor.......the reason they don't now, is the system doesn't let them.
Consumer debt hits $4 trillion — a record high