Friday, July 28, 2017
The Real Reason Hospitals Are So Expensive
Adam Ruins Everything explains in simple language why we need single payer insurance in the U.S. In other words, Medicare for all!
I got a bill from Medicare. My husband spent a short time at the emergency room one night last year. The hospital charged him $2100. medicare determined that the services were worth about $918. Medicare says they'll pay the hospital $800, and they can charge me the other $118, but no more. The real kicker is that if he hadn't had Medicare coverage, we would be stuck for a $2100 bill, inflated so that the hospital could recover part of it. That really hurts anyone with no insurance, or an insurance company that won't pay the bill.