The Well-Spring Of Medical Inflation: Third-Party Payers And The Disenfranchisement Of Consumers

In the current system in which the patients are cut out of the pricing system, suppliers of medical services act to the contrary. They try to obfuscate the real prices of treatments and the cost to the supplier. A huge gap can then form between what a service costs the supplier and the price the supplier ultimately charges: a simple injection that would cost the care provider a mere seven dollars, for example, could cost the patient and insurance company combined anywhere between $150 and $350.
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