The LA Times cites examples of the lack of transparency in medical pricing, and the fact that hospital charges for routine tests and procedures can be orders of magnitude more expensive than those of specialized clinics – although patients typically will find that out only after they have paid their bill. Such huge price disparities show how uncompetitive the healthcare market is. High-deductible health plans give patients an incentive to find the best price but the reality is that it is very hard to shop around.
Lack of Transparency in Medical Pricing Makes it Hard for Consumers to Shop Around
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