Re:Most hospitals aren't complying with price transparency rule
by lotsofpulp on Tuesday June 15, 2021 @12:43PM
(#27517961)
>but then still go ahead make back $3500 on the premium off the patients.
Insurance pricing is very competitive, and health insurers have single digit profit margins. Most less than 5%.
> I don’t know who taught who to be dirty, but it seems like the hospitals and insurers are becoming one in the same (possibly the hospitals learnings from the insurance industry).
The west coast has had a combination insurer/healthcare provider for a long time, Kaiser Permanente. It’s a very popular organization.
Insurance pricing is very competitive, and health insurers have single digit profit margins. Most less than 5%.
> I don’t know who taught who to be dirty, but it seems like the hospitals and insurers are becoming one in the same (possibly the hospitals learnings from the insurance industry).
The west coast has had a combination insurer/healthcare provider for a long time, Kaiser Permanente. It’s a very popular organization.