2022 RAND report finds hospitals charge private health plans 254% more than Medicare, contributing to 42% of US private healthcare spending.
2022 RAND report reveals hospitals charged private health plans 254% more than Medicare, with price variations across states ranging from under 200% to over 300%. This disparity accounted for 42% of total U.S. personal healthcare spending for privately insured individuals. The study analyzed 4,000+ hospitals and stressed the need for price transparency to better align hospital prices with care value.
May 13, 2024
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