Tag: hospital prices

Market forces are not working to curtail hospital prices which supports the discussion of Medicare for all.

Market forces are not working to curtail hospital prices which supports the discussion of Medicare for all. The NY times recently reported that some hospitals are charging 3-4 times the Medicare allowable rate for the same services, and there is no transparency on why the hospitals are charging what they do. Its no secret that healthcare prices in the USA are exorbitant, especially as hospital systems grow larger and are more difficult to negotiate with. There are numerous examples of hospitals in Indiana charging four times the Medicare rate or emergency rooms in Colorado charging eight times the Medicare rate. Read More »