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Because these prices only apply to the 13% of people that are uninsured. The remainder have an insurance company that negotiates with the hospital on their beha
by rgbrenner 11y ago
Because these prices only apply to the 13% of people that are uninsured. The remainder have an insurance company that negotiates with the hospital on their behalf.
- nrao123 11y agoSo- if we reduce the price gouging for the un-insured through regulation, then one of two things 1) the return on assets (ROA) go down to uneconomical levels & hospitals go bankrupt (1) - See examples 2) Costs for insured population (e.g. Medicare etc...) goes up to meet return on capital requirements. What is the tradeoff one needs to make? (1) http://www.beckershospitalreview.com/hospital-management-administration/20-hospital-closures-bankruptcies-so-far-in-2014.html http://www.beckershospitalreview.com/hospital-management-adm...