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To: E. Pluribus Unum

People need to understand how the prices are set.

Almost every price in a hospital is based on the Medicare base price. It doesnt matter if you are on Medicare…that is the base of the pricing system.

So, in essence, the government is setting what it will pay for stuff…and insurance works off that.


14 posted on 12/26/2024 10:47:39 AM PST by Vermont Lt
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To: Vermont Lt
So, in essence, the government is setting what it will pay for stuff…and insurance works off that.

That is an interesting piece of information.

I am not a lawyer, but it seems to me there would be a class action suit in their somewhere for uninsured patients who are charged more than the Medicare price.

16 posted on 12/26/2024 10:54:51 AM PST by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████ ████ █ ███████ ████. FJB.)
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To: Vermont Lt
People need to understand how the prices are set.

That's easy, Monopolization, Restraint of Trade,.. basically everything listed in 15 USC 1, Our anti Trust laws. What do I win??
34 posted on 12/26/2024 11:29:23 AM PST by eyeamok
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