
Why Can't We See the Prices At Hospitals? Why Are The Prices Different For the Same Procedure? Are Individuals Better At Negotiating Health Care Prices Than Their Insurance Company?
Saber Chaib
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The Best Paragraph I've Read: It’s not just individual patients who are in the dark,” said Martin Gaynor, a Carnegie Mellon economist who studies health pricing. “Employers are in the dark. Governments are in the dark. It’s just astonishing how deeply ignorant we are about these prices.” This paragraph comes from the New York Times in an article titled: "Hospitals and Insurers Didn't Want You to See These Prices. Here's Why." The article is written by Sarah Kliff and Josh Katz. You can read the article here: https://www.nytimes.com/interactive/2021/08/22/upshot/hospital-prices.html Zac and Don talk about how hospitals arrive at their final price. They share their personal experiences with hospital bills and wonder why America's health care system is set up the current way it is.
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Why Can't We See the Prices At Hospitals? Why Are The Prices Different For the Same Procedure? Are Individuals Better At Negotiating Health Care Prices Than Their Insurance Company?
Saber Chaib