Why? Businesses have always offered discounts for companies that buy in large volume. Those companies, in turn, reap the benefits of their buying power and pass some of the savings on to their customers. Why should insurance be any different?
“Why? Businesses have always offered discounts for companies that buy in large volume. Those companies, in turn, reap the benefits of their buying power and pass some of the savings on to their customers. Why should insurance be any different?”
We are not talking about “some” when we are talking about a $2,100/$2,400, six-fold/25-fold difference.
Additionally, “tying”, a restraint of trade, traditionally forbidden by anti-trust law, is taking place.
The local hospital has a monopoly with respect to emergency care.
Since payment may involve state court judgements and Medicaid, Amendment XIV “equal protection of the law” violations are occurring.
Ford is not allowed to sell a F150 to you for %50,000 and the same one to a business for $8,000. By law, any discounts have to be reasonable. In healthcare, the law is not enforced.