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This is very interesting, however, I wonder how those numbers reconcile with wildly different prices based on insurer. At a naive look, if insurance cost would
by pizza234 5y ago
This is very interesting, however, I wonder how those numbers reconcile with wildly different prices based on insurer.
At a naive look, if insurance cost would be less than 10% of the final cost of a service (assuming that a generic service can represent health cost in general), one would expect the difference to be in that range - but the article shows a much higher variance.
- mcguire 5y agoHow so? The article discussed differences in the prices paid by insurance (on uninsured patients) to the service providers. That is entirely unrelated to the aggregate amount of money the insurance companies pay to their staff, their profits, etc.