Government setting prices, that always works.
Maryland is the only state with a rate setting commission for hospitals.
This form of rate setting is only permitted to continue as long as Marylands’
Medicare average charges are less than the rest of the country.
They continue to trail the national average by 5% at this time.
I am no fan of government regulation either, but the Maryland way of hospital rate regulation is by far, in my opinion, better than the rest of the states.