4 ms·
The worst part is actually this: "The hospital received less than half of what it originally billed, based on rates negotiated through his health plan." If you
by rightbyte 6y ago
The worst part is actually this:
"The hospital received less than half of what it originally billed, based on rates negotiated through his health plan."
If you don't have an insurance the rates are even more of a joke.
- mattmcknight 6y agoEveryone should get to pay the same price as Medicare. That simple change would fix a lot of problems.
- codegrappler 6y agoAnd bankrupt most hospitals. It’s very common for hospitals to lose money on Medicare patients
- ryanbrunner 6y agoSomehow the entire rest of the world manages to provide health care (almost always with private providers) at a significantly lower price. It's possible you might see more non-profit vs. for-profit hospitals, but is that such a bad thing?
- mattmcknight 6y agoYes, the Medicare price would rise somewhat as it would no longer be subsidized by other insurers and the uninsured.