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Vivian Lee on The Long Fix

EconTalk

Is the Discount Off the Charge Master the Same?

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If I'm a hospital, the price that Blue Shield gets is not the same price as that. Because that's been negotiated. Is it true across? Is the discount off the charge master the same for every item on the charge master or is it individually negotiated? That also varies. So there's 10,000 prices Blue Shield might say, we want a special deal on hip replacement of this kind, this flavor, this variation. Well, I only have a PhD in economics, so I can't understand it either. It's very confusing.

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