Some U.S. Hospitals Mark Up Costs By 1,000%

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“There is no justification for these outrageous rates,” says Prof. Anderson, “but no one tells hospitals they can’t charge them. For the most part, there is no regulation of hospital rates and there are no market forces that force hospitals to lower their rates.”

Editor’s Note: “Market forces” and “Regulation of Hospital Rates” are not synonymous.

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