The new law that took effect this year protects us from getting surprise medical bills when we get certain out-of-network medical treatments.
“I would emphasize it's not every type of provider that sends these surprise bills. It tends to be focused on one’s that might be owned by a private equity company or have a real profit margin. Many have been using patients and using the surprise bills to make a lot of money. So it threatens how much they're going to make and so they're suing over it,” said Katie Keith and Georgetown University’s Center on Health Insurance Reforms.
“But if you take off that guardrail there's sort of this risk that providers use. Arbitration is an opportunity to get higher rates when it's not warranted. For them to be doing so, all those higher rates of insurance companies have to pay providers more -- that all trickles down to all of us,” said Keith.
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