Video: Price Discrimination
“Price discrimination is a pricing strategy that charges customers different prices for the same product or service. In pure price discrimination, the seller charges each customer the maximum price he or she will pay. In more common forms of price discrimination, the seller places customers in groups based on certain attributes and charges each group a different price.” This is exactly how healthcare works. Hospitals group their customers according to the payment source: Medicare, Medicaid, uninsured, and commercially insured. But is this OK and how does it work? I have some thoughts.
Don’t forget to tune in next week, where I’ll take a deeper dive into this very issue. And, if you haven’t already, I encourage you to sign up for the “Insiders’ Club” where you’ll be notified when I release new information AND receive a FREE copy of my book “The Voter’s Guide to Healthcare: A non-partisan, candid, and relevant look at politics and healthcare in America” when it’s available.
Published on: 11.20.19