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I like NEW Laws
Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 3:26PM Reply | Return to Index | Report Post
Clark Howard on CNN just said that hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing, kickbacks, bonuses, credits, etc. to insurance companies, unions, PPO, HMO, etc.
Doc Holiday
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 3:30PM - in reply to I like NEW Laws Reply | Return to Index | Report Post
Don't forget doctors and clinics too. They cheat uninsured patients charging them 10 times the price and force them to sell their homes and cars to pay medical expenses.
Wishin I went to Law School
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 3:35PM - in reply to I like NEW Laws Reply | Return to Index | Report Post
IT'S CLASS ACTION LAWSUIT TIME !
it's complicated
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 3:40PM - in reply to I like NEW Laws Reply | Return to Index | Report Post
Each insurance product (most companies have several) is negotiated with each individual hospital. Hospitals want to attract certain insurers and insurers want the best deal for their company.
Why should the best deal be offered to individuals who have no stake in the hospital system? The insurers demand the best rates.
I think few 'self insured' patients actually pay the billed rate. In fact MOST fail to pay much. What's the hospital to do with the uninsured? Cash up front?

Honest folks who are uninsured but pay fully are indeed gouged. Get decent insurance.
road rashed
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 3:42PM - in reply to Reply | Return to Index | Report Post
Yall really need to read a bit into this before you start listening to Clark Howard at 100% truth. A hospital bills a patient, the patient pays their deductible and then the hospital gets a payment from the insurance company where most of the time, much of the cost is written off. So if you look at it that way, uninsured patients do get charged more because there is no write off. What you are forgetting is most uninsured patients are TOTAL write offs, to charity or to medicare/medicaid if the financial counseling staff can get them qualified. True "self pays" are the uninsured very wealthy, who can generally afford insurance, but don't. This is what Clark Howard is talking about and he should clarify that.
Cheaters Dallas TX
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 3:49PM - in reply to road rashed Reply | Return to Index | Report Post
Jiggling the books to cheat uninsured people is un-American. Email Obama, Sebelius, your senators and congressreps.
On Monday A.M.
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 3:50PM - in reply to I like NEW Laws Reply | Return to Index | Report Post
Wow I didn't know that. That sucks. I'm going to sue my hospital on Monday A.M.
One Rate Sheet
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 3:53PM - in reply to it's complicated Reply | Return to Index | Report Post
A law should mandate one rate sheet for insured and non-insured patients. No more subsidizing insurance companies by the poor and un-documented.
fools
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 4:01PM - in reply to One Rate Sheet Reply | Return to Index | Report Post
You are insane if you believe for a moment that 'the un-insured' subsidize our health system. Maybe just stupid
simple math
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 4:03PM - in reply to I like NEW Laws Reply | Return to Index | Report Post
If I'm a doctor and I perform a procedure worth $100 on an insured patient, I can be nearly 100% sure that I will receive my $100 payment. If I perform the same procedure on an uninsured patient, my odds of being paid are lower and I need to charge the amount that results in an expected payment of $100. I'm receiving a dollar for every dollar billed to insured patients, so I will bill them $100 for the $100 procedure. If I'm only receiving 25 cents for every dollar billed to uninsured patients, I have to bill $400 for the $100 procedure so that my expected revenue is equal to my cost.
Retail Clerk
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 4:12PM - in reply to simple math Reply | Return to Index | Report Post
Stores charge the same price. It makes sense. A law which makes doctors and hospitals charge the same price is fair for everyone.
Reality Time
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 5:06PM - in reply to simple math Reply | Return to Index | Report Post
For medical expenses billed to insurance it costs the provider $0.25-0.35 to collect every dollar and takes approximately 120-180 days to receive payment. Using your example you would receive $65-75 after 4-6 months, so does that sound like a great deal? If you instead bill the patient direct by charging their credit card and give them so they can get reimbursed by their insurance you the practitioner get the full $100 & the patient gets reimbursed usually within 30-45 days.

There are a growing number of health providers that are doing this just for these reasons.


simple math wrote:

If I'm a doctor and I perform a procedure worth $100 on an insured patient, I can be nearly 100% sure that I will receive my $100 payment.
Unfair
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 5:12PM - in reply to Reality Time Reply | Return to Index | Report Post
It's unfair to charge the poor, uninsured, or un-represented a higher fee for the same service. And you can be sure because of CNN's reportage that it will soon be illegal in the United States to cheat people like that.
English is my 8th Language
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 5:23PM - in reply to Unfair Reply | Return to Index | Report Post
That's right. The simple thing is that is is unfair to charge two prices for the same service.


Unfair wrote:

It's unfair to charge the poor, uninsured, or un-represented a higher fee for the same service. And you can be sure because of CNN's reportage that it will soon be illegal in the United States to cheat people like that.
English is my 8th Language
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 5:25PM - in reply to simple math Reply | Return to Index | Report Post
The honest patient will pay his jacked-up $400 netting an undeserved $300 windfall that is not reimbursed to the patient. What about that? The patient who pays $200 on a $100 cost suffers the negative credit rating even though the provider made a $100 windfall. What about that? Where is the fairness here?



simple math wrote:

If I'm a doctor and I perform a procedure worth $100 on an insured patient, I can be nearly 100% sure that I will receive my $100 payment. If I perform the same procedure on an uninsured patient, my odds of being paid are lower and I need to charge the amount that results in an expected payment of $100. I'm receiving a dollar for every dollar billed to insured patients, so I will bill them $100 for the $100 procedure. If I'm only receiving 25 cents for every dollar billed to uninsured patients, I have to bill $400 for the $100 procedure so that my expected revenue is equal to my cost.
wilfredo
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 5:27PM - in reply to English is my 8th Language Reply | Return to Index | Report Post
get insurance
Neb
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 5:33PM - in reply to I like NEW Laws Reply | Return to Index | Report Post
My local apple farm charges me 4X the price per apple than they do to a large apple juice maker down the road. Should that be illegal too?

Every private industry in the world sells their product more cheaply to customers who promise them higher volume.
English is my 8th Language
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 6:02PM - in reply to Neb Reply | Return to Index | Report Post
you wont die if you don't get your apples.


Neb wrote:

My local apple farm charges me 4X the price per apple than they do to a large apple juice maker down the road. Should that be illegal too?

Every private industry in the world sells their product more cheaply to customers who promise them higher volume.
life eternal
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 6:10PM - in reply to English is my 8th Language Reply | Return to Index | Report Post

English is my 8th Language wrote:

you wont die if you don't get your apples.



So not getting apples is the key to eternal life? Cool.
medical care overseas
RE: Hospitals charge Insured patients 1/4 the price of NON-insured. Congress should pass a law OUTLAWING separate pricing. 4/2/2011 6:12PM - in reply to Unfair Reply | Return to Index | Report Post
This is yet another reason why I choose to live overseas:

(1) Medical care prices that are 10% of the cost of care in the USA, or less.

(2) Detail-oriented doctors who are not controlled by insurance companies.

(3) You can see specialists often the same day you call, not have to wait weeks or for insurance company approval.
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