NRO: The High Price of No Prices

https://www.nationalreview.com/2019/03/health-care-price-transparency-smart-reform/

“The Trump administration is considering a rule that would require doctors and hospitals to disclose the rates they negotiate with insurance companies, a step toward establishing something that is sorely wanting in the U.S. health-care market: prices.”

5 thoughts on “NRO: The High Price of No Prices

  1. This looks like a good thing, maybe even an example of the good sort of regulation — low coersion, low cost to implement, high benefit to the public at large.

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  2. So now you know that your friendly neighborhood hospital charges Humana $600.00 for the CT scan they charge you $6,000.00 for. What are you going to do? Refuse life-saving and urgent diagnoses until they give you the same price?

    This is not a terrible idea, but it amounts to a band-aid on a cancer.

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  3. _RE: “So now you know that your friendly neighborhood hospital charges Humana $600.00 for the CT scan they charge you $6,000.00 for.”

    You assume too much. I will say, however, that I have run into the problem of medical services price transparency just recently. My doctor is recommending a procedure I will have to pay for, but I can’t seem to get a price estimate for it.

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    1. Your experience with price transparency extremely common. Another example is what happens when you spend a little time in the hospital and a parade of nice friendly people stop by your bed to do little things for you or ask a few questions without telling you that each such contact is an additional billable service. I saw a facebook posting where a new mother reported that she was asked – “Would you like to hold the baby?” She said yes, and got billed $40 for the service of handing her the baby.

      Medicare-for-all!

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