This is what happens when the buyer doesn't care what the price is because its not their money and the seller doesn't publish prices to allow comparison. Insurance companies only care if a price is outside of "normal" as they can just increase premiums as hospitals push "normal" continually higher.
Hospitals make ridiculous profit. Insurance companies make ridiculous profit. Neither of them care at all what the real customer gets charged.
Hospitals make ridiculous profit. Insurance companies make ridiculous profit. Neither of them care at all what the real customer gets charged.
See also Federally guaranteed student loans