Robert F. Kennedy Jr.: “One analysis found that 60% of insured negotiated hospital rates were higher than the hospital's own cash…”

“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 ninefold within a single city. And One analysis found that 60% of insured negotiated hospital rates were higher than the hospital's own cash price. 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 is higher …” (05:47–05:56)

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