4 ms·
It would create transparency. Over the long-term that means that prices will become more equal. The people who are paying the most (un-/underinsured) will be th
by ma2rten 7y ago
It would create transparency. Over the long-term that means that prices will become more equal. The people who are paying the most (un-/underinsured) will be the ones who benefit the most.
- mc32 7y agoI think you’re right. I recall hearing about an exemplary case s few years back before ACA, Some guy was shopping around for, I think it was, hip surgery. It was opaque and took some effort but finally settled on some place in the south, possibly AL. It ended up being like a fifth of what his state’s hospitals would do if for. So, the short is, yes, transparency would help.
- wbl 7y agoEqual but higher. Hospitals will be able to tacitly coordinate on prices once they are all public.
- t-writescode 7y agoPrice-fixing is illegal.
- wbl 7y agoPrice fixing is illegal. Announcing your prices publically is not. "We'll match any price" is also not illegal.