Proof that market forces, rather than insurance companies may be a viable way to reduce healthcare costs.
Proof that market forces, rather than insurance companies may be a viable way to reduce healthcare costs. The media has echoed the idea of market forces helping to reduce healthcare costs. The problem has been that their definition of market forces really were insurance companies negotiating with different groups for procedures like hip or knee replacements, where the cost could differ by thousands of dollars depending on how the negotiation went. Insurers, actually have been responsible for hospital systems getting larger and the larger systems are now raising prices and making it more difficult to negotiate with due to monopolistic
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