The Truth About Fake Hospital Pricing (And What To Do If You Are Uninsured)

EPJ13

“People without insurance, on average, are being charged 3 times what insurance companies pay.  When the uninsured patients can’t or don’t pay, the balance is written off and the tax liability is reduced.  Some uninsured people try to raise the funds, and it breaks my heart that they go bankrupt trying to pay these debts.  If you’re ever uninsured and wind up with a huge hospital bill, go negotiate with the hospital CFO for a 66% reduction in the bill.  Use the government data (link here) as leverage in negotiating with the CFO. Threaten to expose the racket and I bet the CFO will write down your bill to keep you quiet.”

http://www.economicpolicyjournal.com/2013/05/the-truth-about-fake-hospital-pricing.html

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