Fees for services in the health-care industry are increasingly regulated by:

Question

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Insurance companies are increasingly regulating fees for services in the health-care industry. They negotiate with health-care providers to set prices for medical procedures and services covered under the insurance policy. This often includes setting limits on how much a provider can charge for a certain procedure, and insurance companies may also require pre-authorization for certain services to ensure that they are medically necessary. As insurance coverage is a major source of payment for health-care services, this regulation has a significant impact on the pricing of health-care services for patients.

Fees for Services in the Health-Care Industry Are Increasingly Regulated