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Health insurance price negotiation is the primary reason those prices are so high in the first place. An insurance company gets to say it negotiated a 99% disco
by Hemospectrum 2y ago
Health insurance price negotiation is the primary reason those prices are so high in the first place. An insurance company gets to say it negotiated a 99% discount (or whatever) and the hospitals and pharmaceutical companies still charge prices high enough to turn a comfortable profit.
It's a lot like "Black Friday" sales where retailers jack up their shelf prices in the preceding days and weeks so they can mark them down and persuade the customers they're getting attractive deals.