Advocates say health care price reforms could save Vermont millions
WCAX
Depending on your insurance provider and hospital, the cost of medical procedures can vary immensely. Hospital pricing transparency laws have attempted to lower costs by creating competition. However, advocates say an approach called “reference-based pricing” is the key to lower prices.
Pregnancy and childbirth is a momentous time in any woman’s life. But depending on where she delivers, the costs can vary significantly.
For a soon-to be-mom looking to get a C-section, the maximum negotiated price for the procedure alone costs $3,980 at the UVM Medical Center, $4,409.17 at Rutland Regional Medical Center, and $5,5,950 at Gifford Hospital in Randolph -- an almost $2.000 spread.