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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.” quote by Benjamin Carson
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“The key is to cut out the middleman and empower both doctor and patient with information about what things cost.”

Benjamin Carson

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.

Key Takeaway

Share cost data to improve care.

Themes

healthcare transparency empowerment

Mood

informative practical

Type

policy advisory

When to use this quote

  • hospital budgeting
  • patient consultations
  • insurance negotiations

Key Concepts

information asymmetry consumer choice system efficiency

Questions to Reflect On

  • How can cost data be presented clearly?
  • What incentives encourage doctors to use price info?
A Different Perspective

May increase administrative burden on providers.

4.6 out of 5 (5 ratings)

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