Everyone knows about cosmetic procedures; they were once a tool of the wealthy elite to have reconstructive, restorative, or enhancing surgeries. They could make changes to their appearance after an accident or to express themselves. However, the tools and services developed for the wealthy are now available at a much cheaper price. Since insurance will not cover most cosmetic procedures, patients pay with credit or cash. Because the doctors must compete for this service, they have to lower prices to get the attention of potential customers. This has caused a general lowering trend in prices.
This is how this works. A wealthy person, dissatisfied with their condition after an accident, funds a group of doctors at a high cost to find a solution to their dilemma. The doctors use this to create a new procedure, involving new machines and a new service, in order to satisfy the wishes of the wealthy patient. Once the machines have been created and the service perfected, now the doctor wishes to continue to offer it to others. Since he already has the machines and procedures, he no longer needs the huge sums of money in order to offer the surgery. Therefore, he must no lower the price to allow more consumers to use the service, or he will feel he is "wasting" his machine and procedure. This is how the "greedy" wealthy elite inadvertently create low-cost procedures that we can all use.
The good news is that cosmetic surgery is affordable to nearly anyone. If you feel that your appearance is affecting your ability get a job, attract a spouse, or your confidence, you are free to change it at a low cost. Ironically, if you ask a doctor to take that same scalpel and cure your illnesses, the cost will go up exponentially. This is because of the third-party payer system. Since the actual consumer buying the cosmetic surgery is paying cash, the price trend is competitive. This makes it more affordable. In other types of surgery, the majority of users are just billing an insurance company. This causes providers to attempt to recover larger sums for their services. This results in a layer of administrative cost that you just don't see in cosmetic surgery.
Yes, the mainstream health care system could learn a little from the cosmetic surgery industry. They could see the competitive pricing mechanisms of the free market providing cosmetic surgery to people at an affordable price.
If you are interested in getting cosmetic surgery procedures, there is no better time. Prices are at their lowest in years. Financing is available. You could also just use saved up cash and pay outright. With safe, cheap procedures available to us all, now is the time to get cosmetic surgery.
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