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The Latest News about Healthcare costs

Hospitals Play Pin the Price on the Donkey

Consumer knowledge is consumer power. That is why hospitals fight tooth–and–toenail against any efforts to post turnkey prices for medical procedures. Hospitals want to maintain price opacity. If you ask a hospital what it costs to have your appendix removed you get one of three replies: Uproarious, table–pounding laughter. Thinly veiled contempt at such an ignorant question. Or dead silence. ...

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Medical Migrants Head to Mexico

There’s hope for price competition in healthcare, but so far only with companies that self–insure by paying for all employee’s medical costs. I do my part by advocating price transparency for hospitals to create competition and put downward pressure on insurance rates. Simply require hospitals that accept federal money to post binding prices for the 25 most common inpatient surgeries; ...

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