Eileen Appelbaum & Rosemary Batt

Eileen Appelbaum is a senior economist at the Center for Economic and Policy Research. 

Rosemary Batt is the Alice Hanson Cook Professor of Women and Work at the Industrial and Labor Relations School, Cornell University.

 

Recent Articles

Private Equity Tries to Protect Another Profit Center

The fight in Congress heats up over surprise medical billing, another abuse of the public driven by the private equity industry.

Surprise medical billing has quickly become a small but critical flashpoint in health care reform. Because doctors and hospitals negotiate separately with insurance companies over reimbursement rates, it’s possible for a patient’s insurance to cover hospital charges while failing to cover the fees of some doctors in the hospital who are “out of network.” Patients who visit an emergency room (ER) or are admitted to an in-network hospital by an in-network doctor may find that some of the professionals who treat them are not covered by their insurance. That is because hospitals have outsourced ER, anesthesiology, radiology, or other specialized services to outside physician practices or staffing firms. Patients often find themselves on the hook for thousands, or even tens of thousands of dollars in surprise medical bills. Twenty-five states have passed laws with limited protection for patients from out-of-network bills, usually for emergency room or urgent-care...