Changes
links added
'''Manny's Law ''' is a New York law (effective Jan. 2007) that conditions state funding to hospitals on their termination of overcharging the uninsured who earn less than three times the poverty level. Its citation is NY CLS Pub Health ยง 2807-k.
This new law conditions state funding to hospitals on their ending overcharges of the uninsured who earn less than three times the poverty level. This new law probably protects far more than half of all hospital patients in New York. These patients cannot be charged more for medical care than the hospital would charge an insurance company ("highest volume payor"), Medicare or Medicaid. This new law also prevents aggressive collection practices, such as foreclosing on someone's home.
There is a risk that hospitals will continue to overcharge the uninsured, particularly those above three times the poverty level. But many patients below the threshold opt should now opt for self-payment rather than costly insurance premiums.
[[Libertarian ]] think tanks, such as the Mises Institute and CATO and perhaps Heritage, support [[oligopoly]] and [[monopoly]] power by hospitals and others. But abuse of monopoly power by hospitals in the form [[sham peer review]] to impose [[exclusive contracts]] can occur.
