126 – This Tylenol Pill Costs How Much?! Price Transparency & Advocacy with Dr. Marty Makary

Docs Outside The Box

Docs Outside The Box
126 – This Tylenol Pill Costs How Much?! Price Transparency & Advocacy with Dr. Marty Makary
Sep 09, 2019 Episode 126
Dr. Nii Darko

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What’s good everyone,

Much like auto body shops, did you know that hospitals present different prices to individuals compared to insurance companies? You may think, “Yeah of course, hospitals present a more inflated bill to insurance companies!” Well, there’s evidence to show this is not the case. Price gouging and lack of transparency has been a major problem in the healthcare industry for decades.

Dr. Marty Makary, author of his new book The Price We Pay, drops in to talk about this and the research he is currently doing to combat this issue.

Dr. Makary is a surgeon, New York Times best-selling author, and health care expert. He is also a professor of Health Policy & Management at the Johns Hopkins School of Public Health. His areas of interest include the health care costs, overtreatment, the opioid epidemic, patient safety and the movement to make healthcare more transparent.

 

Resources Mentioned:

Restoring Medicine

Giving birth costs a lot. Hospitals won't tell you how much