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re: Adam Ruins Everything- "Why US Healthcare is so Expensive"
Posted on 7/29/17 at 9:00 am to Roaad
Posted on 7/29/17 at 9:00 am to Roaad
Hospitals definitely overcharge, but they are a symptom and not the problem.
They are forced to see any patient that comes in the door and given no way to actually collect any money from uninsured patients.
I don't blame them for overcharging when they have a chance.
It's basically an unfunded mandate.
They are forced to see any patient that comes in the door and given no way to actually collect any money from uninsured patients.
I don't blame them for overcharging when they have a chance.
It's basically an unfunded mandate.
2
Posted on 7/29/17 at 9:03 am to Bjorn Cyborg
The amount of people who the hospitals lose money to treat is extremely small. Less than 4% of net profit goes to charity care.
The reason the hospitals are able to charge the kind of prices they do is that we have removed the direct price competition from the market.
The reason the hospitals are able to charge the kind of prices they do is that we have removed the direct price competition from the market.
Posted on 7/29/17 at 9:17 am to Bjorn Cyborg
Does it mention n that the "charges" really aren't what they collect? They charged $52,000 for a surgery I had, but between my insurance company and me, they collected $6,500 per their contracts with the insurance company.
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