Government Institutes Mandatory Price Reductions
Braces have never been cheap, but authorities in the Netherlands are doing something about it. The government health watchdog NZa recently announced that orthodontists have been systematically overcharging patients – and that they’ll need to drop their prices by 29%!
Two years ago saw the first price slash, an officially-mandated 8% reduction. The new 29% price cut will be distributed over the next 4 years. The first scheduled decrease (an across-the-board price reduction of 2.5%) is set for this summer.
What do you think of governments setting health care prices? Is it always a disaster to put health care decisions in the hands of government officials, or are the Dutch absolutely right to be protecting both patients and their wallets? Post your comments!