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regulate costs for medical procedures across all hospitals and insurance companies.

Created by E.A. on September 26, 2011

Unlike most markets for consumer services in the United States, the health care market generally lacks transparent market-based pricing. Patients are typically not able to comparison shop for medical services based on price, as medical service providers do not typically disclose prices prior to service.
This creates a huge administrative burden and is the basis for much of the litigation between hospitals and insurance companies in the US

Health Care
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