2min chapter

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456. How to Fix the Hot Mess of U.S. Healthcare

Freakonomics Radio

CHAPTER

Health Care Economist - Is This a Good Idea?

Most of the health care industry was opposed to the executive order on price transparency. I asked him, for what reasons exactly? Well, let's go through em. Number one, these are confidential business contracts that exist in many sectors of the u s economy. B to b meaning business to business. That is, hospitals are directly negotiating these prices with insurers, not with patients. And you're setting a dangerous precedent by taking the gag orders off of confidential b to b contracts....

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