American health care's life-destroying "surprise bills" are the fault of local, private-equity monopolies

Surprise billing — when your urgent or emergency medical care results in massive bills that your insurer won't cover — are a life-destroying phenomenon for an increasing number of Americans, who not only can't shop around for an emergency room from the back of an ambulance, but who also have no way to learn in advance whether their visit will generate five- or even six-figure bills.

Your massive surprise hospital bills are making bank for private equity

Private equity firms like Blackstone and KKR have acquired massive health companies like Teamhealth and Emcare, which bill out doctors to the hospitals they work for, taking those doctors out of the hospitals' insurance agreements and massively hiking their fees — that's why when you go to a hospital, even one that's covered by your insurer, you still end up with massive surprise bills for your care.