Why a trip to the ER costs a fortune
Elisabeth Rosenthal of the New York Times has been writing a fascinating series on why healthcare costs so much in the U.S. In a recent article, she asks: "Why do trips to the emergency room cost thousands of dollars even for the most trivial and routine of emergencies?" Her explanation: "Hospitals are the most powerful players in a healthcare system that has little or no price regulation in the private market."
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