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I think capital expenditures is the start of why costs are so high. It is difficult to find a hospital these days that isn't currently renovating or expanding.
by ahi 16y ago
I think capital expenditures is the start of why costs are so high. It is difficult to find a hospital these days that isn't currently renovating or expanding. Hospitals can spend however much they want because they have no pressure on their prices. The insurers don't care how much they are paying so long as it's comparable to other insurers. They can just pass along the increases to employers/individuals who are required to buy. The only pressure healthcare providers have comes from Medicare and Medicaid and whatever they lose there they can just shift to the private insurers.