Insight, analysis & opinion from Joe Paduda

< Back to Home

Sep
3

If other services were like healthcare…

There’s this ongoing debate/discussion about healthcare as an economic good.  Fact is, unlike flat panel TVs or cars, healthcare is quite different for a whole bunch of reasons;;

  • we often don’t know what services we need,
  • even experts are often unable to make informed decisions,
  • we don’t know what the cost will be, and
  • even if we’re given an estimate up front, that’s just an estimate,
  • once you’ve paid your out-of-pocket maximum you don’t care about cost, and
  • in many circumstances the emotion involved makes rational decision making impossible

To further explain how healthcare is different, I offer Sarah Mirk’s take on what would happen if other services were like healthcare…

How the health insurance marketplace works – School!

How emergency healthcare works – Fire departments!

More of Sarah’s work – and a lot of other cool stuff – is at The Nib.


Joe Paduda is the principal of Health Strategy Associates

SUBSCRIBE BY EMAIL


 

SEARCH THIS SITE

A national consulting firm specializing in managed care for workers’ compensation, group health and auto, and health care cost containment. We serve insurers, employers and health care providers.

 

DISCLAIMER

© Joe Paduda 2019. We encourage links to any material on this page. Fair use excerpts of material written by Joe Paduda may be used with attribution to Joe Paduda, Managed Care Matters.

Note: Some material on this page may be excerpted from other sources. In such cases, copyright is retained by the respective authors of those sources.

ARCHIVES

Archives