Hospital rate-setting in Maryland

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by Greenbeard, Apr 1, 2011.

  1. Greenbeard
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    Greenbeard Gold Member

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    Nice piece in Stateline earlier this week on the all-payer rate-setting system that determines hospital rates in Maryland:

    Mostly reiterates the Wall Street Journal piece from a few years ago that I've posted before ("Maryland Reins In Hospital Costs by Setting Rates "), though the WSJ piece had a handy graphic on hospital markups:

    [​IMG]
     
  2. Quantum Windbag
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    Quantum Windbag Gold Member

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    Interesting how you gloss over the details that explain how this works.

    From your link.

    Maryland gets to keep its cost down by making everyone in the entire country pay for their health care. You have 300 million people paying for 6 million people to get health care, no wonder those 6 million people pay less than the 300 million.

    The fact is that, in a closed system, you do not control costs by setting prices.

    Run back to your boss and tell him this is the stupidest thing you ever posted here,
     
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  3. Meister
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    Meister Platinum Member Supporting Member

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