PwC Report: AI Making Medical Bills Higher

63 pointsposted 6 hours ago
by karakoram

15 Comments

fnordpiglet

3 hours ago

No technology will make it cheaper for YOU, just improve margins for the chain of fleecing between provider and insurance. Demand for healthcare is inelastic like water or air, so they can charge whatever they want and you pay or die. AI will of course amplify your costs while improving their profits.

lifestyleguru

9 minutes ago

What's terrifying is that European countries which had a chance to create universal healthcare during last decades, instead aimlessly drift toward "American model". When medical professionals see the money involved in America the temptation is simply too big. They basically monetize pain and fear of dying, no professional medical treatment is offered. Greed is such a universal and strong feeling.

nine_k

4 hours ago

In short: AI-based tools tend to "upcode" cases and bill for more serious conditions, and more expensive treatment.

(This is not about AI costing too much.)

BobbyTables2

3 hours ago

Seems to me shady providers were already highly skilled in upcoming without AI or any other technology…

add-sub-mul-div

3 hours ago

And we were able to able to kill people with projectiles before we had guns but ffs we don't use that to shut down every conversation about what guns can do.

happycube

4 hours ago

Gee. I wonder why that would be allowed to happen.

phainopepla2

3 hours ago

Insurance companies spend a lot of time on bill review and disputes over coding. They will develop an adversarial AI process to counteract this (assuming they haven't already). Race to the bottom and we all win

sharts

2 hours ago

Why is medical even a for profit system?

HtmlProgrammer

an hour ago

Just wait until we deploy the AI to optimise healthcare so that people die right at retirement age to maximise tax extraction and minimise healthcare usage

baliex

5 hours ago

This reads like slop.

The four emboldened headings that make up the whole article sound like they’re straight outta chatgpt:

* what happened

* the devil is in the billing details

* the big but

* bottom line

I’m not sure that I’ve ever read a Fortune article before so maybe this is just their style. But I doubt it.

nine_k

4 hours ago

Peruse tvtropes.com enough, and you will realize that nothing is ever original, everything follows this or that long-established pattern, and complaining about that is another old trope.

More seriously, I like the fact that articles follow a particular scheme: the problem, exposition, conflict, contemplation. Much like a scientific article follows a similar established pattern.

And emotionally now: complaints about slop are often as schematic as the slop.

ares623

3 hours ago

> And emotionally now: complaints about slop are often as schematic as the slop.

ah, the ol' "I'm rubber, you're glue" approach to solving problems. Worked so well for our billionairs and politicians, we should apply it to every interaction in our daily lives.

zingababba

4 hours ago

They might have a skill or something that goes from report -> 'fortune article' - it honestly would not surprise me.