For auto collision repair another factor could be the third party payer problem that healthcare suffers from. Most people who drive, or at least their partner in the collision will have collision coverage from an automobile insurance company, who pays for the repair. Instead of going with the lowest cost repair, the insurance companies usually pick one they have a relationship with and the owner doesn’t have an opportunity to price shop.
It seems like one or more auto insurance companies could start up a national chain of repair centers and get better cost control, but I don’t think they do so now.
For auto collision repair another factor could be the third party payer problem that healthcare suffers from. Most people who drive, or at least their partner in the collision will have collision coverage from an automobile insurance company, who pays for the repair. Instead of going with the lowest cost repair, the insurance companies usually pick one they have a relationship with and the owner doesn’t have an opportunity to price shop.
It seems like one or more auto insurance companies could start up a national chain of repair centers and get better cost control, but I don’t think they do so now.
Excellent point. Thanks for reading my friend.