Recently I was involved in a car wreck….my passenger has taken to the ER and examined that trip cost $1200 for ambulance, 500 for x-rays and CT scan and $12,000 for the use of the ER…..BTW NO one was injured, all is fine……….all I can say is thank God for insurance……but what about those without insurance, even though Obamacare was suppose to fix that problem…….does any of this sound a bit much for a bill?
Is there any price gouging? Ya Think?
Glad you asked!
Hospital pricing is a murky business, and a study published in Health Affairs this week tries bring clarity to an ugly part of it: “price-gouging,” as study co-author Gerard Anderson puts it. Of our 5,000 hospitals, researchers identified the 50 with the highest markups, ones that charge uninsured consumers roughly 10 times their Medicare-allowable costs. “This means, when it costs the hospital $100, they are going to charge you, on average, $1,000,” Anderson tells the Washington Post. The national average, per the study, is 3.4 times. All but one of the 50 is a for-profit hospital and 40% of them are in Florida; North Okaloosa Medical Center in Crestview, Florida, tops the list, charging uninsured patients 12.6 times the actual cost of care.
Who gets hit? Most government and private insurers negotiate rates on behalf of patients, leaving uninsured patients “commonly asked to pay the full charges”; ditto those seeking treatment out-of-network and workers’ compensation insurers. The Federation of American Hospitals—a trade association for for-profit hospitals—along with a number of hospital officials call the study one-sided, note that discounts are regularly offered, and say that what’s charged isn’t typically what’s paid. FAH tells the Post the 50 hospitals flagged by the study provided nearly $450 million in care in 2012 without compensation, which “would have had a significant effect on the charge-to-cost-ratio reported, and therefore the implications of the study’s results.” Anderson’s response? “Clearly they expect someone to pay these inflated prices.”
Between the price of health care and drugs the American people are being SCREWED!
Somewhere there will be a mental midget that will retort that “US has the BEST healthcare anywhere”……all I do is smile and ask…..”at what cost”?
This is pathetic…….and anyone that cannot see how pathetic this is is just plain IGNORANT!
Reblogged this on ' Ace Chat News ' and commented:
Nice post Chuq also posted you on here http://flip.it/2kBP9
Thanx……..appreciate the help…..