Re:Most hospitals aren't complying with price transparency rule
by fallingknife on Tuesday June 15, 2021 @01:32PM
(#27518657)
But a hospital doesn't do 1 surgery, they do thousands. So that one 10x doesn't really change the average cost very much. This is just an excuse by the hospital.
Re:Most hospitals aren't complying with price transparency rule
by SilasX on Tuesday June 15, 2021 @02:40PM
(#27519671)
Exactly. Every other industry in existence is able to package up and manage the outlier risk, but somehow, here, it’s “different”.
Re:Most hospitals aren't complying with price transparency rule
by loonster on Tuesday June 15, 2021 @12:21PM
(#27517649)
That is the entire purpose of insurance. One of the line items should be <procedure insurance>.
Re:Most hospitals aren't complying with price transparency rule
by KingMachiavelli on Tuesday June 15, 2021 @02:40PM
(#27519673)
That doesn't make much sense. You can have a price for whatever complication occurred. Does the insurance/billing code system not already have a method for listing emergency/ad-hoc complications & procedures? It must have that otherwise there would be no way to bill in those cases currently.
e.g an emergency during surgery would normal get XXXX billing code so just publish what you charge for that XXXX billing code.
Re:Most hospitals aren't complying with price transparency rule
by BurningFrog on Tuesday June 15, 2021 @02:42PM
(#27519707)
It does genuinely make it hard to price something if it almost always costs $3000, and very rarely $1M.
And that's probably one of the biggest reason hospitals don't want to talk about actual costs. If you tell someone it's going to cost $X for removing their appendix, but they have a heart attack on the table it's not going to cost $X any more.
Doesn't make lack of transparency right, but in this scenario, I can sort of see why.