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In reply to the discussion: Obama administration quietly approves new Obamacare loophole benefiting insurance companies. [View all]pnwmom
(110,331 posts)and another charges $8,000 for the same uncomplicated procedure, why should the insurers be bound to pay 80% of either charge?
http://www.nytimes.com/2013/06/09/opinion/sunday/the-weird-world-of-colonoscopy-costs.html
Colonoscopies are one of three standard ways to screen for colorectal cancer. So it is disturbing to learn that the cost of this routine procedure, performed on more than 10 million Americans each year, differs radically from state to state and even within the same metropolitan area.
As Elisabeth Rosenthal reported last week in The Times, the amount paid by a patient and the patients insurance plan for a routine colonoscopy can be as high as $8,500 in the New York area, compared with a high of $1,900 in Baltimore. The low price in New York was $740, less than a tenth of the highest price.
Variations like these are not limited to colonoscopies. Big price differentials occur in a wide range of procedures and services, including hospital stays, M.R.I. scans and artificial hips, among others. Bringing the highest prices down to more reasonable levels will be an essential ingredient in holding the nations health care costs to sustainable levels.
SNIP