wavefreak58 wrote:
Supply and demand gets distorted in favor of the supplier when the emotions are as powerful as that of a parent doing their best for a child. Rational assessment of value is discarded and no price becomes too high to help the child. This same distortion exists in the medical sector at large. I may not think twice about buying an over-priced electronic gadget, but if I perceive a threat to my health, I am inclined to spend far more, to the point of discarding any rational assessment of the actual utility of the cure. Too many are willing to take advantage of this dynamic.
That likely does happen, especially in cases like the OP was talking about. But insane pricing for disability-relating things seems to extend to lots of other things, including items that are super-expensive, but at the same time are actually helpful in a substantial way.
I.e. an AAC device for a kid who can't verbalize, but can type to good effect (on quality of life, learning, safety, etc.) I've seen the $8000-$10000 prices on those things. I can't for the life of me figure out why they are that expensive. (It sure isn't due to cutting-edge technology.)
And, some years ago, I saw a system that assists people with executive dysfunction. It was an off-the-shelf PDA with custom software. The price was about $3000. When I asked if there was any way of reducing the price, the company said that they sometimes assist people in getting their insurance to pay, but otherwise, no.
And then, after a relative came home from a hospital stay, a truck delivered a wheelchair (which was unneeded and un-asked for) to the house, which had been billed to insurance for $700. It looked cheap -- half-made of plastic. I parked it in the garage next to my all-titanium mountain bike, which cost me $350.
It does seem like there is a "racket" going on involving charging outrageous prices due to insurance.