Friday, July 13, 2018

Cheap Seat, Cheap Bed...What's the Difference?


When you book a flight do you fly first class or carefully consider price as the main factor in making a choice of airline and seat?  When you schedule a surgery, do you look at price or consider only the quality and convenience/location of the facility and physician?
 
There, I believe, you have one of the two fundamental causes health care costs are out of control in this country.  There are tools out there to compare costs of medical and dental procedures at different facilities/providers, but as consumers we have been removed from the pricing picture because we’re paying someone else—the insurance company—to pay for the actual services.  If we shop at all, we’re typically shopping for the best insurance plan, the one that is likely to cost us the least out-of-pocket.  Once we make that choice, we select our providers based on other factors than price.
 
The result is that we have bigger and fancier hospitals that resemble hotels more than the now-old-fashioned image of what a hospital looks like.  I suspect you’d complain, as I likely would, if I had anything other than a private room there during a stay.  And I wrote about this a few weeks ago, but we have more specialists rendering care and not enough first-level or primary care providers.  That drives up costs. 
 
I point the finger at myself in this matter, too.  I came face-to-face with the choice this week when I went on my health insurer’s website to check which doctors are in-network for a specific procedure.  I was pleasantly surprised that the site offered quality ratings and price estimates based on their claims history with those providers.  I found a $900 difference between the low-cost provider and the doctor I was leaning toward choosing.  In this case, it actually would come mostly out of my pocket since I have a high-deductible plan.  Nonetheless, I am almost certain to go with my higher-priced preferred doctor.  He had high quality ratings (but so did the low-cost provider), came with recommendations from a couple of friends who are health care professionals, and practices at a facility that’s one-third the distance from my home compared to the other choice.
 
(I appease my conscience by telling myself this is a preventive/screening service and thus likely a cost-saver in the end for everybody.)
 
As long as we shop based on convenience and “the experience”, we will likely see health care costs continue to rise because providers will cater to those preferences.  And even if we don’t pay the price directly, we will pay it through higher insurance premiums (including Medicare) and deductibles.
 
Nations with much lower health care costs but comparable or better outcomes (think India) tend to centralize services (i.e. you have to travel farther to get some specialized services/procedures) and make some aspects of the experience more like an assembly line than the American concept of quality care.  Could we accept that here?  As one author quoted by Bloomberg recently said, we tolerate cramped seats and peanuts for a snack in order to snag a cheap flight and extra luggage at no charge; why not apply that principle to choice of health care provider?
 
But we may say to ourselves, “It’s my health, I need to spend to get the best.  It’s more important than the seat choice on a two-hour flight.”  Agreed.  But if quality and outcome ratings are the same for two providers why would we choose a higher-priced one for any reason other than convenience and the perceived experience?  It’s something to think about.
 
I said at the outset that this was one of two causes health care costs are spiraling ever higher.  I’ll address the other reason next week.
 
Until then,
 
Roger
 
“Stop judging by mere appearances, but instead judge correctly.” John 7:24 NIV®*
 
*Scripture quotations taken from the Holy Bible, New International Version® NIV®
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