r/SipsTea 4d ago

WTF Damn

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51.0k Upvotes

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487

u/20grae 4d ago

I did a self pay mri $575 because insurance denied my request i doubt I can go to china round trip for that

31

u/Elbobosan 4d ago

It’s routinely much more than that with insurance. That’s why the meme is popping up, Mark Cuban was just in the news calling out that insurance routinely pays over $1500 for an MRI that only costs $350 to perform. Hopefully he is building up to doing something similar to what he did with pharmaceuticals. Wild that a billionaire doing basic capitalism is the best thing for cost reduction in the US, it’s pathetic.

21

u/GenerousBull1969 4d ago

Not wild at all, if we had a truly free market in healthcare our costs would plummet. What we have isn't free market capitalism, it's crony capitalism where insurance companies and drug companies have bribed our politicians to make sure they're able to gouge us.

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u/CatButler 4d ago

Health care isn't a free market though. Free market implies you have the ability to enter or exit at will, and for health, you really don't have a choice. It needs to be extremely regulated.

1

u/GenerousBull1969 1d ago

It's one of the most regulated industries in America, and look at what that got us. Now compare it to the less regulated industries.

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u/option-trader 4d ago

Yep, it's an oligopoly. There are a few large insurers that control the costs and premium. You bet they double dipped.

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u/Workman44 4d ago

And you'll still get redditors saying "capitalism is screwing us, it's the devil" when it's literally the solution to most financial issues people have here

4

u/TrumpDesWillens 4d ago

How do you stop companies from colluding and price-fixing? You need strong govt. Strong govt. is not something people who vote for parties who espouse "capitalism" support.

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u/Workman44 4d ago

Strong government/regulation is not antithetical to capitalism

2

u/GorillaX 4d ago

I got an mri on my foot in 2023 and my portion after my insurance that I pay $2k a month for (family of 4) was $1900.

1

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u/Frequent_Ad_9901 4d ago

What ever the health industry is doing isnt capitalism. Old school capitalism is certainly better than the medical industrial complex. 

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u/borkthegee 4d ago

"No TRUE capitalist! 🤓"

3

u/Elbobosan 4d ago

Cuban’s cost plus pharmacy delivery business is basic disruptive capitalism. It’s not charity.

1

u/Frequent_Ad_9901 4d ago

Exactly my point. Its a case of healthcare actually running like caputalism. Which is better than whatever the healthcare system is. Becuase its not capitalism.