Tuesday, October 15, 2013
Overpaying For Healthcare
Most doctors and many hospitals are complaining about how they're just getting by because of 'Obamacare', Medicare, insurance companies and the ambulance chasers. Well it sure looks like they've come up with some really creative solutions for overcoming their so-called financial hardships.
The New York Times Reported, "Some of the patients’ bills would later include markups of 100 to 200 times the manufacturer’s price, not counting separate charges for “IV administration.” And on other bills, a bundled charge for “IV therapy” was almost 1,000 times the official cost of the solution."
Another thing they were reporting on is how much hospitals charge for an IV of Saline (a saltwater solution). It cost the hospital about a buck a bag. Some hospitals then charge patients up to several hundred dollars a litre! "$546 for six liters of saline that cost the hospital $5.16."
Even a single aspirin can cost $30 per pill in the E.R.
The problem lies with Congress who doesn't have the guts to deal with the real problem. (1) Reign in these lawyers, insurance companies, hospitals, doctors and medical schools that are making out like bandits. (2) Congress had 4 years to work on (fix) 'Obamacare' and have done nothing. (3) Neither have they made sincere efforts towards tort reform
Anyone else notice how hospitals in the Lehigh Valley have so damn much money they don't know what to do with it all?. They've each built one palace after another. They've also refurbished and expanded to the point of ridiculous the number of clinics, out patient, screening, therapy center buildings and parking decks. All this while they bought up dozens of private practices.
The real problem is the whole medical industry (including medical colleges) have run amuck without one federal or state official having the chutzpah to take them on. I have no problem with a fair return, but what we have going on here is far from a fair return.
More times then not when people are hurting there are a whole bunch of professionals who are all too willing to capitalize on peoples medical misfortunes. You can say what you want but so long as doctors and hospitals hold the cards there never will be a reasonable solution found for the skyrocketing costs for healthcare.
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