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Study: significant increase in patients who can't afford to pay full hospital bill

Posted on 6/27/17 at 10:48 pm
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69312 posts
Posted on 6/27/17 at 10:48 pm
quote:



A new TransUnion Healthcare analysis revealed a significant rise in the percentage of patients that didn’t pay their hospital bills in full. Approximately 68% of patients with bills of $500 or less did not pay off the full balance during 2016 – up from 53% in 2015 and 49% in 2014.


“There are many reasons why more patients are struggling to make their healthcare payments in full, the most prominent of which are higher deductibles and the increase in patient responsibility from 10% to 30% over the last few years,” said Wiik, author of the book and also principal for healthcare revenue cycle management at TransUnion. “This shift in healthcare payments has been taking place for well over a decade, but we are seeing more pronounced changes in how hospital bills are paid during just the last few years.”



This is why it's fricking dumb to only focus on premium costs when debating the ACA

LINK
Posted by texashorn
Member since May 2008
13122 posts
Posted on 6/27/17 at 10:51 pm to
I was wondering for a while if people were shirking their bills with Obamacare because of the deductible.

Boom.
Posted by Mr.Sinister
South Carolina
Member since Dec 2012
4956 posts
Posted on 6/27/17 at 10:51 pm to
Ever looked at the itemized bill from a hospital?

Costs are grossly inflated.





ETA* Not saying that is the only reason, but it is definitely a piece to the healthcare puzzle.
This post was edited on 6/27/17 at 10:54 pm
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 6/27/17 at 11:05 pm to
$30 for a gauze pad? Seems reasonable.
Posted by LSUTigersVCURams
Member since Jul 2014
21940 posts
Posted on 6/27/17 at 11:07 pm to
(no message)
This post was edited on 6/29/17 at 3:37 pm
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 6/27/17 at 11:08 pm to
You don't pay for just the material when you go to a restaurant and you don't pay for just the gauze pad at a hospital.
Posted by LSUTigersVCURams
Member since Jul 2014
21940 posts
Posted on 6/27/17 at 11:09 pm to
(no message)
This post was edited on 6/29/17 at 3:36 pm
Posted by Y.A. Tittle
Member since Sep 2003
101471 posts
Posted on 6/27/17 at 11:13 pm to
quote:


You don't pay for just the material when you go to a restaurant and you don't pay for just the gauze pad at a hospital.




Then why itemize it? The restaurant is not itemizing every ingredient in every menu item on my bill.

Seems like a bullshite attempt at an analogy.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 6/27/17 at 11:16 pm to
Because the original concept is bullshite.

It's itemized because insurance companies demand it. You tell them what it cost you and they say "meh, we'll give you this for it"

Saying flurp durp ibuprofen $10/pill?!!? is indicative of ignorance of the system and a basic concept of needing to pay for overhead.
Posted by HonoraryCoonass
Member since Jan 2005
18075 posts
Posted on 6/27/17 at 11:16 pm to
quote:

Ever looked at the itemized bill from a hospital?

Costs are grossly inflated.


True, but irrelevant inre OP.

quote:

Approximately 68% of patients with bills of $500 or less did not pay off the full balance during 2016
Posted by geauxturbo
Baton Rouge
Member since Aug 2007
4169 posts
Posted on 6/27/17 at 11:19 pm to
And the math has got to be common core, cuz I cant figure it out to save my life. Its like a cell phone bill and the egnima machine had a baby.
Posted by geauxturbo
Baton Rouge
Member since Aug 2007
4169 posts
Posted on 6/27/17 at 11:22 pm to
480 for a plastic cast was my latest bitch fest. Guarantee it cost their chineese manufacturer 4 bucks to make and ship it over here. My kids nerf gun has more plastic and it was 30 bucks.
Posted by Breesus
House of the Rising Sun
Member since Jan 2010
66982 posts
Posted on 6/27/17 at 11:24 pm to
quote:

is indicative of ignorance of the system and a basic concept of needing to pay for overhead.



Then put an "overhead" line item
Posted by Y.A. Tittle
Member since Sep 2003
101471 posts
Posted on 6/27/17 at 11:25 pm to
quote:

Because the original concept is bullshite.

It's itemized because insurance companies demand it. You tell them what it cost you and they say "meh, we'll give you this for it"

Saying flurp durp ibuprofen $10/pill?!!? is indicative of ignorance of the system and a basic concept of needing to pay for overhead.


I don't get how calling out such convolutedness can be seen as "fluff durp" ignorance. I didn't say I didn't recognize the stupid game. That doesn't make the game any less stupid, though. And still doesn't make your attempted analogy any good.
Posted by texashorn
Member since May 2008
13122 posts
Posted on 6/27/17 at 11:34 pm to
Those items are inflated to account for the losses from the non- or under-paying patients.

Add: And overhead of regulations. My doctor friend hated Medicare and he was active when it was first introduced in the 60s.
This post was edited on 6/27/17 at 11:41 pm
Posted by LSUTigersVCURams
Member since Jul 2014
21940 posts
Posted on 6/27/17 at 11:46 pm to
(no message)
This post was edited on 6/29/17 at 3:36 pm
Posted by Sidicous
Middle of Nowhere
Member since Aug 2015
17185 posts
Posted on 6/27/17 at 11:48 pm to
quote:

That doesn't make the game any less stupid, though. And still doesn't make your attempted analogy any good.


"The game", as you so eloquently put it, is in effect no different from the hoodrats swapping liquid laundry detergent off their EBT for cash or drugs. It's not very different from hoodrats eating lobster and caviar driving down the road in dey escalade after gettin dey hair and nails did.

Both entities, hoodrats and hospital executives, are gaming others (govt. and ins. co.'s) for profit maximization. Tell ya what though, it's once again the ones wearing the suits doing the greater financial harm.
Posted by LSUTigersVCURams
Member since Jul 2014
21940 posts
Posted on 6/27/17 at 11:55 pm to
(no message)
This post was edited on 6/29/17 at 3:36 pm
Posted by HonoraryCoonass
Member since Jan 2005
18075 posts
Posted on 6/28/17 at 12:04 am to
quote:

Tell ya what though, it's once again the ones wearing the suits doing the greater financial harm.


No, it's the patients who won't pay their damned bills.
Posted by asurob1
On the edge of the galaxy
Member since May 2009
26971 posts
Posted on 6/28/17 at 12:06 am to
quote:

No it's pretty much the only reason. The healthcare industrial complex is nothing but a bunch of criminals. They're going to bring the whole country down with the price gouging horse shite. frick em.


Welcome to my side.

I have been saying this for 9 years.

When you allow the healthcare of this nation to be a profit making industry.

They try to make as much profit as possible.

Meanwhile the common man goes broke trying to pay his medical bills.

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