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by rootusrootus 1453 days ago
I don't think it would work well. Hospitals are not a free market in most of the US. You have to get a Certificate of Need to set up a new one. Given the near monopoly they have in the local area, regulation is probably going to be required if nobody gets to negotiate.
1 comments

Why can't a hospital charge the same price for the same procedure? I can see that different hospitals may charge different prices from each other. But a single hospital should charge the same no matter if uninsured, insured or whatever.
What is to stop the local hospital from deciding that an appendectomy costs a million dollars? You pay, insurance pays, no matter, is is a million bucks.
If they want to, they should do it, publish the price and see how things go.