Free Market

Medical Debt Matters — Free Tuition might not be the Silver Bullet

Over the past three decades, medical school tuition has quadrupled. The Association of American Medical Colleges (AAMC) estimates the cost to attend a public medical school is more than $240,000 and as much as $322,000 for four years at a private medical school – an amount which is more or less equivalent to the cost of a family home.

Free-market Medicine:  Can Independent Practices Stay Viable Using Price Transparency?

I need a light, a stethoscope, and a pen to heal and comfort human beings; the rest is basically nonessential. This Mexican physician and I fundamentally do the same thing every day; except he has no receptionist, no billing personnel, no manager, no administrator, no care coordinator, and definitely NO EMR in his emergency clinic. He documented the visit in less than 3 minutes (like I do), signed it, and handed me the top page for my records. His care was good, his skills were solid, and his decision-making sound; I would have treated any other child the same way.

2020-05-14T03:25:58+00:00February 10, 2017|Categories: Policy, Practice|Tags: , , , |
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