Should Patients Decide Healthcare Prices?
2025-02-01
The Hill on MSN.com
The current Medicare price-setting process fails to account for individual patient values and variations in care delivery. A shift towards a direct-to-consumer market could revolutionise healthcare by allowing patients to make informed decisions based on their unique needs and budget. This approach would promote transparency, increase competition, and drive down costs. With patient-centric care and value-based healthcare on the rise, it's time to rethink the traditional pricing model. By putting patients in the driver's seat, we can create a more efficient and effective healthcare system that prioritises their needs and preferences, ultimately leading to better health outcomes and improved patient satisfaction.
