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Column: Leaked SoCal hospital records reveal huge, automated markups for healthcare
LA Times via msn ^ | 10 December 2021 | David Lazarus

Posted on 12/11/2021 3:09:45 AM PST by blueplum

Ridiculous, seemingly arbitrary price markups are a defining characteristic of the $4-trillion U.S. healthcare system — and a key reason Americans pay more for treatment than anyone else in the world.

But to see price hikes of as much as 675% being imposed in real time, automatically, by a hospital's computer system still takes your breath away....

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Chit/Chat; Health/Medicine
KEYWORDS: hospitalbills; surprisebillings
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To: flaglady47

Your Mileage May Vary


41 posted on 12/12/2021 11:06:49 AM PST by doubled ( When in doubt)
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To: blueplum

They do that primarily because of Medicare and Medicaid plus those Blue Chip Health plans with which they don’t have prior price control agreements. Anyone who got a bill like that and had to pay it in cash and actually pays it is a complete fool.


42 posted on 12/12/2021 11:10:52 AM PST by Gaffer
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To: Buttons12; flaglady47
You know very well what it means. I will not be replying further.

I don’t think she did know or she wouldn’t have asked. Fortunately, nicer people stepped up and responded.

43 posted on 12/12/2021 1:47:54 PM PST by Allegra
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To: Mr. K

I retired recently and I am now signed up for COBRA insurance.
I have been looking at other insurance plans. Blue Cross as an example for Gold is $747 a month.

Cobra is $806 for the same insurance as I had with the past company for half the cost. I now have to pay full cost of the plan. It is good for 18 months and I should then be eligible for Medicare which I do not know much about.

I am still comparing what the bronze, silver, gold, platinum plans cover. There is also coverca for California and CaliforniaChoice, HealthMarkets, Health Net etc.

I want to know what I would pay for some illness and stay in a hospital. I am lucky that I am in good health and only need dental.


44 posted on 12/12/2021 8:04:35 PM PST by minnesota_bound (I need more money. )
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