The Doctors Who Control Medicare

American Medical Association organises a committee of doctors which meets secretly every few months to set prices that doctors everywhere charge Medicare for procedures — MRI, heart-stent insertion, etc. In effect, doctors themselves decide how much the government will pay them. In almost any other business, such price-rigging would be illegal. In health care, it’s both legal and horribly expensive (6,000 words)

Log in to The Browser

Subscribe to The Browser

Welcome to The Browser!

The Browser

Sections

Share via email

Search The Browser

Email Sent

About paid content

Cronycle