Samaritan Ministries Encourages Healthy Competition, Not Government Interference, to Control Health Care Costs

Samaritan Ministries Encourages Healthy Competition, Not Government Interference, to Control Health Care Costs

‘Here’s a Newsflash: When Businesses Don’t Need to Compete for Customers, They Tend to Raise Prices’

March 9, 2020

PEORIA, Ill.—As political debates heat up, some say that the establishment of a single-payer health care system would reduce Americans’ health care costs. According to Forbes, “candidates and their supporters claim such a program would be cheaper and more effective than the status quo but that’s unlikely since the plans don’t address the underlying causes of the high cost of health care in America.”

It’s no secret, continues Forbes contributor Adam Millsap, that “per capita spending on health care is high in the United States. … over $2,000 more per person than people in Switzerland and nearly twice as much as those in Japan, Canada, France and Sweden.” Such analysis often ignores the hidden health care costs imposed on citizens through taxation for government programs.

For much of its 25-year history, Samaritan Ministries International (samaritanministries.org), one of the leading health care sharing ministries in America, has not only helped the more than a quarter of a million Samaritan members directly share their health care needs with one another, but has also informed members and others about America’s health care landscape.

Part of that commitment is pointing out that competition helps control health care costs.

For instance, Samaritan Ministries recently featured a blog post by Sally Pipes of the Pacific Research Institute, who wrote, “Here’s a newsflash: when businesses don’t need to compete for customers, they tend to raise prices.”

“Yet the progressive remedy to perpetually escalating health care costs is not to increase competition—it’s to eliminate it completely and put the government in charge of health care, via Medicare for All,” Pipes continued. “There’s ample evidence that a lack of competition is what plagues our nation’s health care system. Over the past few decades, large health systems have acquired local standalone hospitals and physician practices—and used their market power to wallop insurers and consumers. To fight back, we shouldn’t nationalize health insurance. We should foster more competition among health care providers.”

Samaritan members Ryan and Tarin in Iowa had the freedom to search among health care providers when Ryan needed an MRI for back issues. Because, as Samaritan members, they were not limited by networks, they said they didn’t have to worry about going to a particular doctor or hospital—and that freedom saved money in the end.

“We called around our area to check prices of MRIs and chose the most reasonable one,” they said. “We have told all our friends about Samaritan Ministries and how it has greatly exceeded our expectations. This experience confirms our decision to join several years ago, and we couldn’t be happier.”

Similarly, David and Melanie in North Carolina said they have greatly appreciated the resources available to members through the Samaritan dashboard. Tools such as Hhealthcare Bluebook allow them to search for the best prices for services and procedures in their area.

“You have given us the tools to shop wisely,” they said. “Our family has saved thousands of dollars on prescriptions and procedures in the past year alone. It has been so helpful being able to look up fair market prices. We only wish everyone could be made aware of these things rather than ‘blindly consuming’ medical care.”

These couples are just a few of more than 82,500 Samaritan Ministries member households who pray and send monthly financial shares directly to other members, along with notes and cards of encouragement. Through this effective, God-honoring ministry. Samaritan’s growing Biblical community of 270,000-plus individuals shares approximately $30 million in medical needs person-to-person each month. In fact, over the past 25 years, Samaritan Ministries members have shared over $1.8 billion in needs.

Learn more about Samaritan Ministries International here; visit the Samaritan website at www.samaritanministries.org, or follow the ministry on Facebook, Instagram or Twitter.

###

To interview a representative from Samaritan Ministries International, contact Media@HamiltonStrategies.com, Patrick Benner, 610.584.1096, ext. 104, or Deborah Hamilton, ext. 102.