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Bill to Ban Private Equity from Owning Medical Practices

509 points · 384 comments · paimapi

  1. mhh__ · · focus · HN ↗
    You know what american healthcare really needs is more regulation!
    1. nielsbot · · focus · HN ↗
      Are you saying it needs less? Why do you think that?
      1. mhh__ · · focus · HN ↗
        yes. It's completely insane that health insurance A) does all price discovery B) is tied to your employer.

        Ask an American hospital how much something costs - you will get a completely fake price back, this is a sign of a totally broken market.

        1. drknownuffin · · focus · HN ↗
          The 'fake' price is due to the negotiation of reimbursement between major healthcare chains and insurers. The most regulated piece - Medicare - is the only piece where there's fairly transparent pricing.
          1. mhh__ · · focus · HN ↗
            > reimbursement between major healthcare chains and insurers

            And why is this so prevalent? It's subject to huge subsidy and regulatory capture

            1. BugsJustFindMe · · focus · HN ↗
              > And why is this so prevalent?

              Because the law doesn't force them not to?

              It's very wild to me that you're like "This organization is lying to me, so what we need less of is people telling them what to do."

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