Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Buckeye McFrog

“They’ll just put out list prices that are five to six times as high as what they’ll actually get.”

That wouldn’t work with stations selling gas or grocers selling bread. Why do you think it would work for hospitals? Public pricing of a medical service would bring down the cost as hospitals compete for patients.


37 posted on 06/24/2019 3:40:23 PM PDT by sergeantdave (Teach a man to fish and he'll steal your gear and sell it)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: sergeantdave
That wouldn’t work with stations selling gas or grocers selling bread. Why do you think it would work for hospitals?

Because unlike at supermarkets or gas stations almost no one pays the "standard" price - their insurance company pays whatever rate they've negotiated with the hospital.

Notice that the EO doesn't require insurance companies to post the rates they've negotiated with the providers.

50 posted on 06/24/2019 4:42:28 PM PDT by semimojo
[ Post Reply | Private Reply | To 37 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson