I can get a phlebotomy for $75.00. Insurance companies pay hospitals up to $1000 for this procedure. I can get a set of lab tests for $150. Insurance comapanies pay between $500 and $700 for the same set of lab tests. I can get an abdominal ultrasound for $200. Insurance companies pay hospitals around $1000 for the same abdominal ultrasound. Where is all this money going and why are insurance companies paying so much? Why are patients being charged so much to begin with if a patient can have these same procedures/tests done at a fraction of the cost? One big problem is that hospitals want to be the ones to provide us with all the services we need. You would think that having all services under one roof would lead to lower costs, but it does not. Hospitals have the highest overheads of any source in the medical field. I don't know what the answer is, but we are being overcharged for just about every medical procedure out there, and nobody is questioning where all that excess money is going. If I can go out and find good healthcare at 20% to 25% of what it would cost me through the insurance companies, then I have to ask where all this other money is going, because it's not going to healthcare. But you can bet that someone is getting rich off of it all.