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It's not too surprising. The patient doesn't care what's being charged! We'd see the same thing in other industries if market interference led to the customer
by moduspol 9y ago
It's not too surprising. The patient doesn't care what's being charged!
We'd see the same thing in other industries if market interference led to the customer not being price sensitive. Like higher ed.
- mywittyname 9y agoMy understanding is that it's really just one more way insurance companies try to avoid paying for hospital bills. My partner works in revenue recovery for a regional hospital and it's staggering how awful insurance companies are. I've heard many stories where waiting for insurance authorizations would have literally cost people their lives, but the insurance has grounds to refuse payment without it, so the hospital ends up eating the entire cost of the person's care. The system is so incredibly fucked up. Far beyond what most people think. That being said, maternity wards are apparently the college campus of the hospital world, which is why you see so many of them being built in rich areas. They are insanely profitable.