Re:50 hospitals charge uninsured more than 10 times cost of ...
by rgbrenner on Tuesday June 09, 2015 @03:09AM
(#9684432)
Because these prices only apply to the 13% of people that are uninsured. The remainder have an insurance company that negotiates with the hospital on their behalf.
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Re:50 hospitals charge uninsured more than 10 times cost of ...
by nrao123 on Tuesday June 09, 2015 @03:30AM
(#9684484)
So- if we reduce the price gouging for the un-insured through regulation, then one of two things 1) the return on assets (ROA) go down to uneconomical levels & hospitals go bankrupt (1) - See examples 2) Costs for insured population (e.g. Medicare etc...) goes up to meet return on capital requirements.
What is the tradeoff one needs to make?
(1) http://www.beckershospitalreview.com/hospital-management-adm...