Hospitals Overcharge the Uninsured
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Hospitals sock uninsured with much bigger bills
By Julie Appleby, USA TODAY
Ed Jellison fell ill, spending
17 days in a Florida hospital as a viral infection ravaged his body.
Now the couple are fighting a $116,000 hospital bill, one they say
could be as low as $25,000 if an insurance company were paying it.
The tough truth for patients like the Jellisons - who earn too much to
qualify for charity care - is that they are often charged the highest
prices for hospital services.
Few know that. And they're stunned when they learn.
"If they accept $25,000 from an insurance company on a routine basis,
and what they're charging us for the same thing is $116,000, that's
not fair, and it's not right," says Dianne, who closed the couple's
roofing business and took a part-time job in a warehouse because Ed's
illness left him disabled.
http://www.usatoday.com/money/industries/health/2004-04-13-rising-hospital-costs_x.htm
"Rapidly rising hospital charges have placed hospitals in the
spotlight. Critics say hospitals are unfairly using their growing
clout in many markets and charging far more than it costs to provide
services. Spending on hospital care is the fastest-growing segment of
the nation's health care tab."
"Because most hospitals rely on government health payments for about
50% of their revenue, and private insurers who negotiate discounts for
much of the rest, raising charges is one way hospitals can try to
bring in additional money from individuals and insurers not covered by
the discounts"
http://moneycentral.msn.com/content/Insurance/Insureyourhealth/P74840.asp
Profit-hungry hospitals are overcharging consumers an estimated $10
billion a year. Some deliberately work to keep bills indecipherable.
Here's how to fight back.
By Bankrate.com
American hospitals are fleecing patients out of billions of dollars
annually, and experts say that while some of the overcharges are
honest errors, many are deliberate.