MarketWatch: From 'soak the rich' to 'soak the poor': Recent trends in hospital pricing

Research output: Contribution to journalArticlepeer-review

Abstract

In 2004, the rates charged to many uninsured and other "self-pay" patients for hospital services were often 2.5 times what most health insurers actually paid and more than three times the hospital's Medicare-allowable costs. The gaps between rates charged to self-pay patients and those charged to other payers are much wider than they were in the mid-1980s, and they make it increasingly more difficult for some patients, especially the uninsured, to pay their hospital bills. This has triggered lawsuits and some recent government efforts involving price transparency. Three specific policy options that could lower the markups are a voluntary effort by hospitals, litigation, and legislation.

Original languageEnglish (US)
Pages (from-to)780-789
Number of pages10
JournalHealth Affairs
Volume26
Issue number3
DOIs
StatePublished - May 2007

ASJC Scopus subject areas

  • Health Policy

Fingerprint Dive into the research topics of 'MarketWatch: From 'soak the rich' to 'soak the poor': Recent trends in hospital pricing'. Together they form a unique fingerprint.

Cite this