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This News Is Bound to Give Obamacare a Big Boost

Good news for minte!

Quote:

Price transparency could be welcome news for hospitals and insurers

Believe it or not, price transparency among hospitals wouldn't actually be all bad news.

Pricing transparency would also be good news for the consumer because it would make costs visible and allow hospitals to compete with one another in order to gain procedures. While you're not likely to drive 400 miles to treat a broken arm, you may be willing to do so if it means saving $10,000 or more on another elective treatment or procedure.

This would also be a big, big gain for insurers! Most insurers understand that hospital pricing across the country can vary widely and currently have a sort of one-size-fits-all pricing policy to cover those variances (beyond individual qualifying factors). By making prices more transparent and holding hospitals accountable for those prices, insurers would have good recourse to lower premiums for individuals and businesses with much of that pricing uncertainty removed.

FULL STORY

Obama promised transparency before

Quote:

Originally Posted by Vendzilla (Post 19622740)

Obama promised transparency before

Every President makes loads of promises on the campaign trail they never deliver once in office.

Finally some action to stop US based crime family called Health Care ! How long nobody will pay attention to the Chargemaster and pay $500 for Tylenol ? :thumbsup

would insurer 'cartels' be illegal for the states?

ie, would you have a bunch of hospitals getting together and pricing out operations that everyone would charge?

Quote:

Originally Posted by _Richard_ (Post 19622836)

would insurer 'cartels' be illegal for the states?

ie, would you have a bunch of hospitals getting together and pricing out operations that everyone would charge?

the entire US runs like this. capitalism has NEVER existed in this shithole of corruption, cronyism and nepotism

Quote:

Originally Posted by SAC (Post 19622842)

the entire US runs like this. capitalism has NEVER existed in this shithole of corruption, cronyism and nepotism

a huge part of that article talks about the 'problems' of this transparency.. and most of it is for the insurers/hospitals

seems like this will go in the cartel direction :disgust

Quote:

Originally Posted by HelmutKohl (Post 19622825)

Finally some action to stop US based crime family called Health Care ! How long nobody will pay attention to the Chargemaster and pay $500 for Tylenol ? :thumbsup

This actually happened here - an ex-coworker went to the hospital for something and she was pregnant, about six months. The hospital did a pregnancy test on her, $90. On a separate occasion - I have my tubes tied and was menstruating and they took a pregnancy test on me as well, $90.

I could have gone to the Dollar Store and gotten a test there and would have gotten the same results - negative.