How to Fix Healthcare With a Healthy Dose of Capitalism

A personal story:  Back in about 2002, my now ex-wife and I were both out of work and thus out of health insurance.  She developed bursitis in her shoulder, a problem that she had had once many years before.  She lived with it for a while, but eventually she couldn’t bear the pain any longer and needed medical attention.  She knew from her previous experience that a cortisone shot would clear it right up, so I set about finding a doctor that would do the job for a reasonable charge.

I started calling doctors in our little town and the story was pretty much the same from all of them; $200 deposit, x-rays, treatment, office charge, etc.  Most of them could not readily give me a price; they didn’t know it but eventually I got numbers and they all came in between $800 and $1000.  All we wanted was the cortisone shot; she knew what was wrong and what would fix it.  We didn’t want x-rays or any of the other crap they were all talking about.

Finally, I found a doctor (and actually got to speak directly to him!), explained our situation and what we needed and he agreed to give her the cortisone for $120.
That is how markets work; a buyer shops for what they need and finds it at a price that is suitable and the deal is done.  In one hour on the phone, I knocked the price down by hundred’s of dollars.  Think what would happen if we all did that every time we needed medical attention.

She got the shot and in short order was as good as new.  Pretty damn simple, if the assholes in Washington would just get out of the way and let it happen.