Wendell Potter: Hospital Fee Discrepancy A 'Complete Failure' Of Unregulated Marketplace

Wendell Potter, senior analyst for the Center for Public Integrity and former head of public relations for CIGNA, joins Current TV’s John Fugelsang to weigh in on recently released Medicare data that reveals drastic disparities in what different hospitals charge for the same procedure.

“Medicare probably pays what is a reasonable amount of money for some of these procedures,” Potter says. “Hospitals have gone into debt, they get the latest bells and whistles that they don’t really need because the hospital across town has it so you’ve had kind of an arms race among hospitals to have all the equipment that in many cases is just a surplus of equipment, it’s a duplication of services.”


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