What is a free-market rate setting

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In the Fall of 2020, Congress acted to address consumer concerns over high medical costs, specifically targeting a practice known as "surprise billing." The legislation "addresses those charges that result from a long-running practice in which out of network medical providers - from doctors to air ambulance companies - send insured Americans "surprise bills," sometimes for tens of thousands of dollars, over and above their plan deductibles and expected out of pocket.

Can providers be allowed to NOT join networks, and not agree to contracted rates, and subsequently bill patients as they choose? Are there any rules for exceptions? What is a free-market rate setting when it involves surprise billing?

Reference no: EM132809729

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