>This looks an awful lot like fraud. Remarkably, the mark-up disclosure and best-pricing rules required to fix this could be largely copy-pasted from the securi

>This looks an awful lot like fraud. Remarkably, the mark-up disclosure and best-pricing rules required to fix this could be largely copy-pasted from the securities industry. This is something that bothers me a lot about the American health care system. It's not that costs are exorbitant. It's patients being defrauded every step of the way. Most medical procedures, devices and pharmaceuticals would be dirt cheap if there was a) price transparency and b) competition. That not everybody is insured is one problem, but that most people need insurances just to have someone negotiating on their behalf is not sustainable. Especially when there's a quid pro quo between insurances, devicemakers and hospitals.