May 17, 2022
  • A new report from RAND found that employers and private insurance plans in 2020 paid hospitals 224 percent of what Medicare paid for the same services. Some states like Hawaii, Arkansas, and Washington had relative prices below 175 percent of Medicare prices, while others including Florida, West Virginia, and South Carolina had prices at or above 310 percent of Medicare levels. Hospitals say Medicare reimbursement rates are too low, so they must charge privately insured patients more to make ends meet. (Press release here; Articles here and here)