Hospitals charging the privately insured 2.4 times what they charge medicare patients

 

52E62FB1-E8AC-4338-A303-8C9F9900F2ABIndiana Rep. Sen. Jim Banks’ Hospital Competition Act of 2019 would curtail the pricing power of regional hospital monopolies, and incentivize them to restore a competitive market.

For generations, the prices that hospitals charge patients with private insurance have been shrouded in secrecy. An explosive new study has unlocked some of those secrets. It finds that employers and their insurers are failing to control hospital costs, increasing calls for transparency into insurer-hospital agreements.

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