Poll: Should Medical treatment/drug costs be regulated?

flxnimprtmscl

Diamond Member
Jan 30, 2003
7,962
2
0
I was pondering this the other day while stuck at work of course. Two weeks ago or so I had to go to the doctor to get some stitches after I tried to take my head off by getting up before I woke up (don't ask
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). I work for a small company so at the moment I'm not covered by any medical insurance. Anyway, six stitches came to $345.00. This was after the lovely 15% cash discount they gave me
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Doesn't really seem like the right price for 10 minutes of the doctors time, a shot of local anasthetic, and 6 pieces of fishing line.

Also, I was thinking back to a couple years ago when my boss was in the hospital for Interlukin 2 treatments to fight his skin cancer. I can't remember the exact amount but I belive he told me the medicine was around 10k a dose (thankfully he was insured) and each week long treatment rang in at a little over 100k. All this for medicine that almost killed him durring his "treatments" and ultimately did him no good considering he died on new years day of this year.

If you think about it medical care, in any form, is the most pure example of price gouging out there today. The medical comunity says " we know you really need it so we're going to make sure you really pay for it." How is this allowed to go on? Especially when you consider that the way the hospitals and drug companies rape the insurance companies leads to higher insurance premiums, making it less feasible for small buisness and individual citizens to purchase health insurance. This is why something like 30% (??? can't remember if that's right) is uninsured.

Anyway, what do you think?
 

HappyPuppy

Lifer
Apr 5, 2001
16,997
2
71
I don't think the medical community is gouging anyone. How long did that doctor have to go to school, not to mention his internship and residency? He has to pay the nurses and office staff as well as rent, phones, lights and, don't forget, malpractice insurance in case your stitches get infected and your head falls off.

If you want cheaper prices you can always go to Mexico. Of course the quality of your medical care might not be up to that you get here.

Medical treatment should under no circumstances be regulated by the government. I wouldn't mind regulating drug costs if it could be proven that they were too high. Remember, the pharmaceutical companies sink hundreds of millions, if not billions, into research. Some of their research hits deadends and they just lose that money. They have to make up for it someplace. They are private companies, or corps., and deserve to make a profit.