PragerU’s latest video features Will Bruhn, co-founder of Restoring Medicine, a grassroots movement of doctors, nurses, students, business leaders, and everyday citizens from across the United States that are demanding a more honest and fair health care system. The key to bringing down the soaring costs of health care, Bruhn contends, is price transparency.
Bruhn begins by highlighting how prices for the same procedure can differ wildly by hospital or provider. When “researchers compared prices amongst 53 hospitals for a standard heart procedure,” not only did they find a “10-fold difference in price for the same procedure across hospitals, ranging from $44,000 dollars to $448,000 dollars,” but also that there was “no correlation between higher prices and better quality of care.” This is not an isolated incident, given that “other studies have shown there can be up to a 39-fold variation in price for a simple blood test across medical centers in the same metro area,” he adds.
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