Cost Quote by Benjamin Carson
“The key is to cut out the middleman and empower both doctor and patient with information about what things cost.”
About This Quote
Source Speech: Healthcare Transparency Initiative, 2015
Empowering doctors and patients with cost information reduces reliance on intermediaries and improves decision making.
In simple terms: Give doctors and patients price info to cut middlemen.
Share cost data to improve care.
Themes
Mood
Type
When to use this quote
- hospital budgeting
- patient consultations
- insurance negotiations
Key Concepts
Questions to Reflect On
- How can cost data be presented clearly?
- What incentives encourage doctors to use price info?
May increase administrative burden on providers.