Friday, May 14, 2010

Let's Live this Rule for Lowering Costs

There is another reason -- besides that we have the right to know how much we will be paying -- for requiring medical providers to always quote us a price (see the post below). As a rule, when someone does a job without first quoting a price, they charge more. It's simply one of the rules of economics.

Yes, I do wonder if in the case of medical care, having them quote prices in advance will have any impact at all. But, just the same, when things are going wrong (as in, our medical care is going wrong), the first thing to do is see that you are doing all the simple things right.

Perhaps it won't lower prices at all. But, since this is an economic principle, let's live it. Let's try it. Let's not just be coming up with complicated solutions when we aren't even practicing the simple ones.

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