Consumers on Wednesday will finally get some answers about one of modern life’s most persistent mysteries: how much medical care actually costs.
For the first time, the federal government will release the prices that hospitals charge for the 100 most common inpatient procedures. Until now, these charges have been closely held by facilities that see a competitive advantage in shielding their fees from competitors. What the numbers reveal is a health-care system with tremendous, seemingly random variation in the costs of services. [cont.]
Sarah Kliff & Dan Keating, Washington Post