Why Health Insurance Actually Sucks (Season One, episode 6)
Turns out, insurance companies allow — even encourage — crazy price-gouging by hospitals. For example, the leg brace Blake needed was available for $150 on Amazon. But thanks to his insurance, he paid more than $500.
Investigative reporter Jenny Gold’s work helps us understand how that kind of thing happens.
She compares health care to shopping for a gallon of milk.
“We can look at the cost of a gallon of milk at lots of different stores and decide which one is the best,” she says.At the store, there’s maybe there’s a couple different brands, with the prices on the shelf. We pick the one we…
The skinny
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