3 ms·
Case and point, I have three reasonably sized hospitals within an hour of my house by car. All three of those hospitals made this list of top 50 most overprice
by MertsA 7y ago
Case and point, I have three reasonably sized hospitals within an hour of my house by car. All three of those hospitals made this list of top 50 most overpriced hospitals.
https://www.menshealth.com/health/a19543406/50-most-overpriced-hospitals/ https://www.menshealth.com/health/a19543406/50-most-overpric...
My state has the highest rate of uninsured residents in the country and also one of the states that did not expand medicaid and take in federal funds to cover 90% of that. I paid for the best health insurance plan I could find on healthcare.gov and went with a doctor that was listed as a preferred provider with my insurance explicitly because my insurance provider claimed that any lab work, referrals, etc from that preferred provider would be covered and that they partnered with them to ensure that there wouldn't be any surprise out of network bills that weren't covered. The best health insurance plan I could buy left me out to dry for ~$600 in bills that were supposed to be covered 100% by my plan.
The notion of the magic of the free market driving down healthcare spending is nothing more than a libertarian fantasy. By any objective measure we spend far more than any other country on the planet for a given medical service. The fact that doctors and hospitals can't even tell you how much a given service will actually cost beforehand should be enough to tell you that the free market clearly isn't working here.