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re: Trump to force Hospitals to disclose their prices

Posted on 6/21/19 at 11:45 am to
Posted by BigJim
Baton Rouge
Member since Jan 2010
14515 posts
Posted on 6/21/19 at 11:45 am to
quote:

Incredibly ignorant post and mindset.

You pay markup on food at a restaurant too. You are paying for the service.

You have to pay the salary of the person who stocks the saline. You have to pay the salary of the RN who puts the IV in you and administers the saline. You have to pay the salary of the doctor who ordered the saline. You also have to pay the electric bill. You have to pay housekeeping. Et cetera.

Doctors and RN salary is generally higher than server and cook salary, so your markup is higher.


Well that is part of it. The other part is that no matter what the price, there will be a large segment that doesn't pay it. So the cost gets passed on (via markup) to others. Insured patients, btw, don't pay that. The insurance companies negotiate a separate price for procedures on their clients. That said, there is still a mark up because of the write-offs and the below cost reimbursement from government programs (though that is hit or miss. Generally Medicare is OK while Medicaid pays less. There are exceptions).

The people REALLY taking it in the shorts are people that make too much for government programs but don't have insurance and have to pay cash. Ouch. Get insurance kids.

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