My wife needed surgery. It was robotic surgery. They would charge the insurance company $59,000.
She didn’t have “insurance” and offered to pay cash. The surgery was $5,900 cash for the hospital + the surgeon + anesthesiologist. Under 10k total. What is wrong with this picture?
We used to call that Cost Shifting and Price Fixing, which are BOTH FELONIES!!
KD has written plenty of articles detailing these BLATANT FELONIES in the Medical Industry.
go read some of the archives, they are also posted here somewhere. market-ticker.org
They would charge the insurance company 59K the insurance company would look at each procedure and cost and give them about half or less.
What one charges and what one received from insurers are two very different things.
I’ve logged many such stories from other people as well. Health care isn’t that expensive when you don’t have health care insurance.