Wednesday, December 5, 2018

You Won't Find Black Friday Deals at the Hospital


Unlike going to get a haircut or a massage, you never really know how much you are going to be charged for services that are provided to you at a hospital. Sick or injured, visits to the ER are costly, even more so to the uninsured, and rates vary significantly between hospitals. For example, the Federal Centers for Medicare and Medicaid revealed that the same treatment at one hospital in New York cost $100,000, and at a hospital 30 miles away in the same metropolitan city cost $7,000 (Young & Kirkham, 2013). But who has time to comparison shop when your dying?
            Hospitals have what is called the chargemaster, or list of billable services and items to a patient or their health insurance provider. Unfortunately, the chargemaster rates have become hugely inflated, and hospitals can charge patients whatever they want. Hospital lobbyists spend more than the defense and oil industries combined to keep things this way (Brill, 2013). As these inflation rates continue to rise, the price of a single stitch can top $500 (Rosenthal, 2018). In addition, patients receiving treatment from an out-of-network hospital most times will receive adjusted cost-to-charge ratios. Hospitals see these patients as cash cows and charge them significantly more than in-network patients (Bai & Anderson, 2016). These high rates are potentially keeping patients from seeking necessary or life-threatening care, especially the uninsured. In my opinion, policies should be implemented to offer transparency in charges and to protect patients from these high charges. What actions do you think should be taken?

Bai, G., & Anderson, G. F. (2016). US Hospitals Are Still Using Chargemaster Markups To Maximize Revenues. Health Affairs, 35(9), 1658–1664. https://doi.org/10.1377/hlthaff.2016.0093
Brill, S. (2013, March 4). Bitter Pill: Why Medical Bills Are Killing Us. Time. Retrieved from http://content.time.com/time/subscriber/article/0,33009,2136864-1,00.html
Rosenthal, E. (2018, October 19). As Hospital Prices Soar, a Stitch Tops $500. The New York Times. Retrieved from https://www.nytimes.com/2013/12/03/health/as-hospital-costs-soar-single-stitch-tops-500.html
Young, J., & Kirkham, C. (2013, May 8). Hospital Prices No Longer Secret As New Data Reveals Bewildering System, Staggering Cost Differences. Huffington Post. Retrieved from https://www.huffingtonpost.com/2013/05/08/hospital-prices-cost-differences_n_3232678.html

1 comment:

  1. I totally agree: transparency is the way to go. Hospitals often bemoan laws that protect the indigent by requiring the hospital to provide emergency services to people who are unable to pay for them. The response one often hears is that, on account of the non-paying patients, hospitals must overcharge the people who can afford it in order to break even. But this smacks of subtle dishonesty. Many hospitals are businesses whose primary obligation is to their shareholders, and many hospitals are part of a network of such facilities run by multinational corporations (take Universal Health Systems, for instance). These large networks allow corporations to suffer small losses at some locations which are made up for by larger gains at others. Certainly some facilities are struggling to keep their doors open, but I think that if they were legally required to publish their balance sheets and billing rates, they would be singing a very different song.

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