North Carolina’s state treasurer Dale Folwell is onto it.
He sees that the state’s non-profit hospitals are definitely not fulfilling their charity care obligations. So much so, he’s dubbed the system a “cartel.”
“The cartel controls the supply and controls the pricing on a product you’d rather not consume because that would mean you are healthy, and when you ask what it costs, you’re told that it’s none of your damned business,” Folwell told The Assembly. “Then when you don’t pay for something you’d rather not have consumed, and they wouldn’t tell you what it would cost, then they destroy your credit.”
Read the full article here, in The Assembly.
Mr. Folwell is correct, but he can’t seem to bring closure to the problem with a solution that helps the state’s health care consumers.