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A discussion of healthcare pricing would take hours, but here's a TL;DR: Most insurers pay negotiated rates, which have no real relationship to list price (uni
by manv1 4y ago
A discussion of healthcare pricing would take hours, but here's a TL;DR:
Most insurers pay negotiated rates, which have no real relationship to list price (uninsured pricing). The law is supposed to (1) make it easier to compare costs, and (2) shame providers into lowering their list prices.
Obviously the industry has been fighting these regulations for years.
The annoying thing is al the games they're playing. Everyone already has a list of prices by CPT code, because it's what billing uses. Just list all prices by CPT codes. The industry refuses.
- einpoklum 4y agoAnd IIRC, the insurers are for-profit, right? What about the hospitals? Are they mostly for-profit or non-profit entities?
- deleted 4y ago[deleted]