Uwe E. Reinhardt: U.S. Health Care Prices Are the Elephant in the Room - The New York Times

Uwe E. Reinhardt: U.S. Health Care Prices Are the Elephant in the Room - The New York Times:

In most other countries, prices for health care goods and services are not negotiated between individual health insurers and individual physicians, hospitals or drug companies, as they are in the private insurance sector in United States.

Instead prices there either are set by government or negotiated between associations of insurers and providers of care, on a regional, state or national basis. The single prices for other countries shown in the chart therefore can be taken representative of prices actually paid there.

By contrast, as can be seen in the charts, in the United States there is quite a range of prices for the identical good or service.

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