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by visualradio
1806 days ago
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Price transparency regulations could also be used to implement public price controls or public fines on monopolies engaging in price discrimination. For instance if a provider billed a patient over 100% of their stated price or over 120% the minimum price for the same item published by comparable providers, there might be some public fine or tax on the biller and rebate to the patient in proportion to the entire amount by which the patient was over-billed regardless of their insurance status. This would possibly amount to something similar to universal public price negotiation. But yes the idea of using pricing transparency to suppress over-billing by monopolies could possibly be interpreted as suggesting a rejection of the alternative idea of centrally fixing all consumer facing prices using a public office and then determining all government facing prices from external suppliers providing necessary inputs for the public healthcare system through minimum bid. |
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