Private health plans pay hospitals 2.4 times what Medicare would pay

Hospital costs account for nearly half of all personal health spending for the privately insured, but relatively is known about how much more the privately insured pay hospitals relative to Medicare patients. A new study that examines hospital charges across 25 states in 2017 finds that the prices paid to hospitals for privately insured patients averaged 241% of what Medicare would have paid, with wide variation in prices among states.
Source: EurekaAlert,