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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums50 Hospitals Charge Uninsured More Than 10 Times Cost of Care, Study Finds
http://readersupportednews.org/news-section2/318-66/30629-50-hospitals-charge-uninsured-more-than-10-times-cost-of-care-study-findsFifty hospitals in the United States are charging uninsured consumers more than 10 times the actual cost of patient care, according to research published Monday.
All but one of the these facilities is owned by for-profit entities, and by far the largest number of hospitals 20 are in Florida. For the most part, researchers said, the hospitals with the highest markups are not in pricey neighborhoods or big cities, where the market might explain the higher prices.
Topping the list of the most expensive hospitals is North Okaloosa Medical Center, a 110-bed facility in the Florida Panhandle about an hour outside of Pensacola. Uninsured patients are charged 12.6 times the actual cost of patient care.
Community Health Systems operates 25 of the hospitals on the list; Hospital Corp. of America operates another 14.
They are price-gouging because they can, said Gerard Anderson, a professor at Johns Hopkins Bloomberg School of Public Health, co-author of the study in Health Affairs. They are marking up the prices because no one is telling them they cant.
He added: These are the hospitals that have the highest markup of all 5,000 hospitals in the United States. This means, when it costs the hospital $100, they are going to charge you, on average, $1,000.
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50 Hospitals Charge Uninsured More Than 10 Times Cost of Care, Study Finds (Original Post)
eridani
Jun 2015
OP
jberryhill
(62,444 posts)1. Cue the "It's the lawyers" brigade
PADemD
(4,482 posts)2. One of our local hospitals is on that list.
olddots
(10,237 posts)3. they make street dope dealers look humanitarian
how much profit is too much profit ?