David Balat, a former hospital executive and congressional candidate, who has had over 20 years of experience in the health care industry, has written the following Opinion Editorial about price transparency in health care:
Patients Deserve Price Transparency in Health Care
He explains why we don’t have price transparency and expresses frustration with the fact that regulation in this regard has led to hyperinflation in health care pricing.
A friend of mine forwarded me the following article this morning. It provides a birds eye view of healthcare pricing, and what your network “discounts” really amount to. If the public had a real understanding about how their healthcare is priced, we’d have a revolution in this country. Read about and understand the corrupt nature of healthcare pricing by following the link below. Then contact your representatives and ask for change!
Embodiment of corruption: Your health insurance network
Love, Love LOVE this article. Just read it!
“Friedman placed spending into one of four categories. In essence, he created a matrix. On one side is whose money is being spent. Your money can be spent, or someone else’s money can be spent. On the other is on whom the money is spent. The money can be spent on something you receive, or on something someone else receives. The matrix creates four categories.” …
Congress Gets Health Care Wrong by Ignoring Friedman’s Law