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Author: 2828 Big funky green star, 20000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 757652  
Subject: What Free Market Medicine Looks Like Date: 11/15/2012 10:01 PM
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http://hotair.com/archives/2012/11/15/video-what-free-market...

This helpful reminder of the value of price signals comes to us from Reason Magazine and Reason TV, which underscores why ObamaCare won’t actually do anything to lower medical costs. Two surgeons in Oklahoma City got tired of working within the third-party-payer construct and started posting cash-up-front retail costs for surgeries on their website. The result? Patients responded to the honest approach, and surgeries took place at a significantly lower cost than within the traditional insurance/Medicare model. Why? Because these patients didn’t have to subsidize surgeries for other people — or pay for expensive administrators to deal with the issues arising from the third-party-payer model:

<video hayseed>
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