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re: Study: significant increase in patients who can't afford to pay full hospital bill
Posted on 6/27/17 at 11:22 pm to matthew25
Posted on 6/27/17 at 11:22 pm to matthew25
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.
1
Posted on 6/28/17 at 5:57 am to geauxturbo
Hospitals are allowed to write-off unpaid bills to "bad debt". Almost all of the bad debt theybwrite off comes from "self-pay" I.e. the uninsured. Hospitals deliberately have very high "self-pay" rates so they can write off the most bad debt possible.
So the "price" for gauze for an uninsured (self-pay) patient may be $30 but the price negotiated with BC/BS for example is probably more like $10 or $15.
This is why (in this model) it is so important to have insurance. Hospitals assume you're not going to pay if you have no insurance so they jacknip the prices.
So the "price" for gauze for an uninsured (self-pay) patient may be $30 but the price negotiated with BC/BS for example is probably more like $10 or $15.
This is why (in this model) it is so important to have insurance. Hospitals assume you're not going to pay if you have no insurance so they jacknip the prices.
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