Competition among middlemen has nothing to do w competition among actual providers, in fact the former possibly stifles the latterhttps://twitter.com/iyad_elbaghdadi/status/845393609482551301 …
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The price on the bill has only a loose relationship w the cost to the hospital, it's been juggled to play w diff insurers' rules
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They don't expect any individual to pay that price, they've priced in the assumption that anyone uninsured is prolly broke
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The sticker prices literally are shots in the air. Insurance companies negotiate down to a set of agreed costs.
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a person is on insurance, you are covered under those agreed upon costs. Some areas are better able to do costs than others.
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