Originally published on Thu May 9, 2013 1:44 pm
Economists think prices are close to magic — constantly changing signals that help people figure out what to buy and who to buy it from (and what to sell and who to sell it to).
But in health care, it seems like nobody knows the price of anything. This recent study, for example, found most hospitals can't provide an up-front price estimate for a hip replacement.
Originally published on Thu May 9, 2013 6:28 am
When it comes to health care, the biggest of the big data are all about Medicare.
So, it's kind of a BIG deal when the government releases what individual hospitals charge Medicare — and what they actually get paid — for the most common diagnoses and treatments.
In a first, the Centers for Medicare and Medicaid Services made those figures from more than 3,000 hospitals public Wednesday.
When the House Committee on Veterans' Affairs held a hearing recently, members expressed concern that veterans might not qualify for subsidies for the new health insurance marketplaces if they were enrolled in VA health coverage.