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I have read about this. The hospital charge as much as they can, because some patients are unable to pay. This way they make up the difference (or make more).
by me_me_me 6y ago
I have read about this.
The hospital charge as much as they can, because some patients are unable to pay. This way they make up the difference (or make more).
The idea is that you go to the billing staff and threaten that you will go bankrupt and will not pay anything. Then negotiations begin. Rich pay cuz they don't care, suckers get conned, and poor gets their credit destroyed. Classic USA.
It is another 'american' system akin to tipping only taken to extreme.
- artembugara 6y agoI'm not American but go bankrupt will affect your entire life in the US.
- ryanbrunner 6y agoI don't think they were saying to actually go bankrupt, just to threaten the bank with the possibility of getting nothing out of you.
- me_me_me 6y agoif you are poor and cannot afford anything then yes, you go bankrupt and good luck with getting a credit for an icecream. But otherwise you use bankruptcy as a bargain card. Because nither side wants to go there.
- rasz 6y ago>hospital charge as much as they can to profit, and profit they do. They deliver record returns on investment year over year.