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I've heard explanations that it has to do with something called "pay master" software, which sets the prices - but they do set a high price as a negotiating poi
by Pokepokalypse 9y ago
I've heard explanations that it has to do with something called "pay master" software, which sets the prices - but they do set a high price as a negotiating point for insurance companies.
Personally, I believe this practice to be outright blatant fraud. There is a complete lack of price-transparency for the end-user, whether there's an insurance company involved or not. And for people who supposedly champion the so-called "Free Market", Congressional Republicans are certainly quiet on this one issue, when they're criticizing the current healthcare system and regulations.
- carlmr 9y agoThat's what I read as well. Basically we need price transparency, insurances paying the same as the non-insured, and lower awards in law suits against hospitals/doctors and America would have one of the cheapest healthcare systems in the world in no time.
- jjeaff 9y agoWhile I agree that lots of offices don't know their costs off hand, I have not had much trouble getting quotes for specific procedures. The real problem is that I rarely have any reason to ask if my insurance is going to cover all of it.