Politicizing Premiums Does Not Control Health Costs

Health plans are largely pass-throughs, paying medical claims from providers whose charges have been rocketing skyward. In California, a recent analysis of daily inpatient charges for hospitals revealed that payments from private health plans increased from $1,954 in 2000 to $5,061 in 2009 – 159 percent – during a time when consumer prices increased by only 25 percent, nationwide. The charge for a normal (non-Caesarian) childbirth went up from $3,805 to $6,424 – 69 percent.

Read the entire article at Forbes: Apothecary.

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