News for hackers. Stuff that matters.

A comment on Bringing transparency to ER prices, one hospital bill at a time. Parent comment

Re:Bringing transparency to ER prices, one hospital bill at ... by darkerside on Tuesday October 23, 2018 @10:37PM (#18289269)
It's crazy because the initial idea was, insurers would be more educated buyers and thus better able to negotiate with medical providers. As it turns out, with no skin in the game, they hardly seem to care to negotiate prices at all!
[ Parent | on HN ]
Re:Bringing transparency to ER prices, one hospital bill at ... by olliej on Wednesday October 24, 2018 @01:42AM (#18289985)
They do negotiate - the prices they’re charged are vastly less than what you would be as an individual.

As far as I can tell the problem is really the big HMOs seem to be essentially managing another companies money, rather than their own, and they essentially get a cut of money going in and out of them.

[ Parent | on HN ]