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LINK How much health insurers pay for care is about to go public : Shots - Health News : NPR

(Personally, I think health insurance should be made redundant (eliminated) and we should just have a public funded health care system, because about 50% of what you pay for health insurance is eaten up by administration and profit costs, while government run healthcare programs, at least in the U.S. only take about 3% for administrative costs which is just a more efficient use of money leaving much more to go tweards actual health care, and you won't spend hours on the phone trying to talk to somebody to find out why your claim was (usually wrongfully) denied.)

Consumers, employers and just about everyone else interested in health care prices will soon get an unprecedented look at what insurers pay for care, perhaps helping answer a question that has long dogged those who buy insurance: Are we getting the best deal we can?

Starting July 1, health insurers and self-insured employers must post on websites just about every price they've negotiated with providers for health care services, item by item. About the only exclusion is the prices paid for prescription drugs, except those administered in hospitals or doctors' offices.

snytiger6 9 July 1
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