Are Insurance Companies the Key to Lower Prices?
Two patients lie asleep on operating room tables, each with an inflamed appendix demanding to be relocated to a specimen jar. Two operations take place, each one lasting close to fifty minutes, each one performed by an experienced surgeon at a state-of-the-art U.S. hospital. One operation was priced at $1200 dollars. But the other one cost more than $4,000.
Why such different prices for such similar procedures? …(Read more and view comments at Forbes)