11 April 2024
Doctors Payments Include Patient Time
The reason patients’ time is usually abused at doctors’ offices is that payments from Medicare are inadequate. Doctors over-schedule appointments and patients end up compensating them by sacrificing their free time waiting to be seen.
This means that the high cost of healthcare in America is compounded by the opportunity cost of wasted taxpayers’ time. Reducing the financial burden of medical service on the average consumer would mean higher doctors’ fees or higher taxes for public healthcare programs. So, people end up paying more for healthcare either way.
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