3 ms·
No, that's wrong. It is far worse than that. There's an entire industry of entities involved with medical pricing. One of the players in one of the larger nich
by _jal 9y ago
No, that's wrong. It is far worse than that.
There's an entire industry of entities involved with medical pricing. One of the players in one of the larger niches, a Pharmacy Benefits Manager[1], recently bought an insurer[2]. Manipulating, negotiating and offering various financial and marketing products (it gets really blurry) around medical pricing is huge business.
[1] https://en.wikipedia.org/wiki/Pharmacy_benefit_management https://en.wikipedia.org/wiki/Pharmacy_benefit_management
[2] https://www.nytimes.com/2017/12/03/business/dealbook/cvs-is-said-to-agree-to-buy-aetna-reshaping-health-care-industry.html https://www.nytimes.com/2017/12/03/business/dealbook/cvs-is-...