In an attempt to combat surprise medical bills, some insurers want Congress to set rates.
It is a strange marriage when insurers agree with government price-setting, even in narrow circumstances. But anyone who has faced surprise medical bills or out of network charges realizes that things are out of control. Therefore, the America’s Health Insurance Plans and the American Benefits Council — said Congress should set reimbursement rates for certain services either based on market rates or as a percentage of what Medicare pays. Not shocking anyone, the American Hospital Association and the Federation of American Hospitals said in response: “Not only is it a dangerous precedent for the government to start setting rates in the private sector, but it could also create unintended consequences for patients by disrupting incentives for health plans to create comprehensive networks,” Read full article here
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