From page 12 of the Senate HCR bill:
Each hospital operating within the United States shall for each year establish (and update) and make public (in accordance with guidelines developed by the Secretary) a list of the hospital’s standard charges for items and services provided by the hospital, including for diagnosis-related groups.
Erik Kain
Erik writes about video games at Forbes and politics at Mother Jones. He's the contributor of The League though he hasn't written much here lately. He can be found occasionally composing 140 character cultural analysis on Twitter.
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Wonderful. I’d also appreciate a list of reasons someone might pay appreciably (5%?) more or less than that particular price if it comes out that there is an appreciable (5%?) amount of people who end up paying more or less than that.Report
Insurance companies can get better prices b/c they bring more customers to the hospital, i.e. a volume discount. Many times a mark up in costs is due to the fact that a hospital has to make up for the the fact the Medicaid and Medicare don’t reimburse a hospital the full value of a procedure, so the hospital has to increase the price of another good or service. The article below is a god example.
http://www.tallahassee.com/article/20091221/CAPITOLNEWS/912210311Report
Very true. Similarly, smaller carriers often have to make up the difference that is lost to a provider from a negotiation with a larger carrier.Report