"basically, because they can"

You got it.

Unfortunately, the Affordable Care Act did not actually address the cost of
care.  It addressed insurance.

Here's an article addressing the Time article and the pricing issue:
http://www.bizjournals.com/houston/blog/2013/02/affordable-care-act-fails-to-address.html

A quote from it:

He [Brill]  argues the country is debating the wrong issue — the nation
discusses who should foot a medical bill rather than why the bills are so
high. This is something Vivian Ho, a professor of economics at Rice
University, said she would like to see addressed.

"The Affordable Care Act will at least get more people insured, and because
of that, they are less likely to be price gauged as they are now," Ho said.
However, she said, "there's no opportunity for patients to price shop, and
there's no incentive (to do so), which is something we don't have that I
would like to see."



I have heard the argument that normal customers are gauged in order to make
up losses on other participants.  This quote from the Time article does
nothing to disprove it:

"It turns out that Medicare would have paid Stamford $13.94 for each
troponin test rather than the $199.50 Janice S. was charged."


Basically, a 150 dollar difference.  Nice.


I posted it before so some may have already seen it.  There is a free
market hospital in Oklahoma City that does not take insurance.  They are
cash only and will server insurance companies if they pay up front.  They
have a price list.  They are considerably cheaper than normal hospitals. It
is called the Surgery Center of Oklahoma City.

Here is a recent article on it:
http://watchdog.org/64814/ok-surgery-centers-cash-only-approach-offers-transparency-efficiency-affordability/

A quote:

The Reasontv  video, shown at the Capitol briefing, highlighted some of the
most dramatic price differentials, including for a “complex bilateral sinus
procedure.” At the Surgery Center, the all-inclusive price is $5,885. At
nearby Integris Hospital the price in 2010 was $33,505 – but that did not
include either the surgeon’s or the anesthesiologist’s fees.


J

-

Ninety percent of politicians give the other ten percent a bad reputation.
- Henry Kissinger

Politicians are people who, when they see light at the end of the tunnel,
go out and buy some more tunnel. - John Qui

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