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The AMA's Dark Secret: Journalists aren't allowed inside the supposedly public meetings where the American Medical Association effectively decides (and ratchets up) health care prices.
The request seemed innocuous enough. In late April, I asked the American Medical Association if I could attend a meeting of the committee that largely determines the relative pay of various medical specialties.
The Relative Value Scale Update Committee (RUC) meets three times a year to consider changes and additions to the "relative value" of more than 10,000 billing codes in the Medicare physician fee schedule. Each year, in a textbook example of what economists call "agency capture,"...
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