The economics principle “The more you concentrate your buying power, the better your pricing” applies in health care, too. That’s why health insurance companies can offer customers lower premiums by restricting the size of provider networks. They send more patients to fewer hospitals — and get a better deal per patient, passing on at least some of the savings to you.
We Need More Transparency on the Cost of Specialty Drugs
Decisions about drug formularies need to be made in broad daylight.
November 04, 2014