Investigation into emergency rooms shows that for-profit hospitals engage in billions in price-gouging

Vox undertook a deep investigation into emergency room pricing, finding that emergency rooms, being the most monopolistic aspect of hospital care (because you don't shop for an ER while you're having a heart attack in the back of an ambulance) are also the most abusive and price-gouging. Read the rest

Incentives matter: America's for-profit medical industry thrives on massive wastage, unnecessary procedures, overbilling and overtreating

The first time I interacted with the US medical system was when I was a student at Michigan State University with a comprehensive travel insurance package my bank sold me before I left Canada: the cafeteria food gave me my first case of acid reflux and after it had persisted for several days, I went to the walk-in clinic on campus. Read the rest