“I’ve been pounding the table about location-based pricing for years. Now we have hard data.”
“Just tell me the effing price.”
Collusion? At the very least, it’s a broken system.
With predictable consequences.
Doctor’s insight: Bookies call it the “vig,” insurance companies call it a “PPO Repricing Fee.” It allows them to go around state insurance laws.
Humor alert: We have been looking at the problem of buying favors through the wrong end of the telescope.
FB’s psychological experimentation on hundreds of thousands of unwitting users is illicit human experimentation and a gross human-rights violation.
When you buy health insurance, you only think you know what you’re buying. You know parameters such as the deductible, coinsurance, and other nonspecific things. But the devil doesn’t lurk in nonspecific things.
By Michael Gorback, M.D.: Confused and outraged by the prices, often unknown upfront, that you and your insurance company pay for medical services? You’re not the only one. Enter the bizarre world of “Place of Service” pricing.