Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

still_one

(92,236 posts)
Sat Jun 13, 2015, 11:34 AM Jun 2015

Some Hospitals Marking Up Prices More Than 1,000 Percent

"RESEARCHER: ‘WHAT OTHER INDUSTRY CAN YOU THINK OF THAT MARKS UP THEIR PRICES BY 1,000 PERCENT AND REMAINS IN BUSINESS?’
The 50 hospitals in the United States with the highest markup of prices over their actual costs are charging out-of-network patients and the uninsured, as well as auto and workers’ compensation insurers, more than 10 times the costs allowed by Medicare, new research suggests. It’s a markup of more than 1,000 percent for the same medical services."

http://www.jhsph.edu/news/news-releases/2015/some-hospitals-marking-up-prices-more-than-1000-percent.html


Looking at the list it appears most of those hospitals are located in the South

4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Some Hospitals Marking Up Prices More Than 1,000 Percent (Original Post) still_one Jun 2015 OP
K&R for exposure. Immoral. JEB Jun 2015 #1
KICK! For-profit healthcare is utterly immoral... Cooley Hurd Jun 2015 #2
OfficeMax & Home Depot to name 2 corkhead Jun 2015 #3
I have seen med providers... Whiskeytide Jun 2015 #4
 

Cooley Hurd

(26,877 posts)
2. KICK! For-profit healthcare is utterly immoral...
Sat Jun 13, 2015, 12:04 PM
Jun 2015

Trading profit-for-lives should be codified as ILLEGAL.

Whiskeytide

(4,461 posts)
4. I have seen med providers...
Sat Jun 13, 2015, 12:35 PM
Jun 2015

... refuse to accept and file on a patient's health insurance because they were in an MVA and the other driver has liability ins.

They want to charge a higher rate for services than BC/BS pays, so they just say that it's their policy not to accept ins coverage when someone is at fault for your injuries. A letter from a lawyer usually gets them to accept the ins, but I'm sure they're getting away with it quite a bit.

Latest Discussions»General Discussion»Some Hospitals Marking Up...