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2020-06-14 -Signs, Portents, and the Weather-
Coronavirus survivor gets whopping $1.1 million hospital bill
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Posted by Fred 2020-06-14 00:00|| || Front Page|| [5 views ]  Top

#1 Not surprising. One month hospital bill for my son when he had cancer was nearly 1 million. Thank the gods for insurance. Only a $1200 copay
Posted by DarthVader 2020-06-14 00:11||   2020-06-14 00:11|| Front Page Top

#2 Medical bills have no connection to reality. What the government/insurers negotiate is reality. Pity the poor uninsured sucker without leverage.
Posted by Knuckles Javimble6283 2020-06-14 00:24||   2020-06-14 00:24|| Front Page Top

#3 Hospitals and labs (and Doctors) often inflate their bills. The Insurance companies pay them so they can inflate their premiums the next cycle.
Posted by CrazyFool 2020-06-14 00:40||   2020-06-14 00:40|| Front Page Top

#4 Which reminds me, what'll happen when the bill for the riots comes in?
Posted by g(r)omgoru 2020-06-14 03:22||   2020-06-14 03:22|| Front Page Top

#5 Hospitals and labs (and Doctors) often inflate their bills.

..cause government refused to pay 'fair market price' (cause you know paying it would balloon up the costs to eat the entire budget and we can't stop talking about free Medicare for everyone if they understood they'd get Caracas healthcare and lifestyle). So they jack up the bill in an effort to make costs.
Posted by Procopius2k 2020-06-14 07:27||   2020-06-14 07:27|| Front Page Top

#6 There are several reasons the bill is higher with insurance and hospitals.

First, insurance takes a long time to pay. Small doctor offices can take six months or more to see a payment come in. A lot of time the claim is disputed too before it is resolved and payment comes in. Gotta make up money for that gap and man hours spent fighting for it, hence the larger bill.

Also every department in the hospital has to have their own administrative team due to government regulations.
Main hospital: billing, admissions, insurance
Surgeon: billing, admissions, insurance
Anesthesiologist: billing, admissions, insurance
Radiology: billing, admissions, insurance

Having to duplicate the same work that many times means the bill will be multiplied by that many times.
Posted by DarthVader 2020-06-14 09:48||   2020-06-14 09:48|| Front Page Top

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