This is the kind of wording the medical industry has set. The reasoning goes like this: clear prices => competition => iron law of wages for specialised professionals => corners being cut.
Crony capitalism only believes in competition for others. Competition in their own sector suddenly brings doom and the Iron Law of Wages.
I am not sure if mandating it is necessary. I think that hospitals should publish their pricing lists to differentiate themselves from their competition.
Crony capitalism only believes in competition for others. Competition in their own sector suddenly brings doom and the Iron Law of Wages.
The US is one of the countries with the highest expenditure per capita in healthcare and the results simply don't match that. See the graph here: http://www.forbes.com/sites/toddhixon/2012/03/01/why-are-u-s...