Hip replacement in Boston cost $17,900 at one hospital, and at a nearby hospital, it costs $74,000 for the exact same surgery with the same Yelp reviews. Researchers have found MRI prices varying as much as nine fold within a single city. And One analysis found that 60% of insured negotiated hospital rates were higher than the hospital's own cash price. And so think about that. The insurance company who is supposed to be negotiating for all of its members and beating down the price is actually negotiated, a price that … (16:01–16:10)
STATEMENT
Asserts that insured rates are often higher than cash prices for hospital services.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
