Does this make sense?

Pretty hilarious. It was probably worth about what he paid out of pocket. That insurance shit is quite the racket. We should force everyone to sign up!
 

The hospital reduced the bill to $20,227 because of a contract with Ferguson's insurer. In the end, he paid $5,400 of his own money for his deductible and co-pay.

The hospital defended its prices, saying it has to charge prices higher than retail because of the various discounts it is required to give insurers.
No, it doesn’t make sense.

Which is why a single payer system does.
 

The hospital reduced the bill to $20,227 because of a contract with Ferguson's insurer. In the end, he paid $5,400 of his own money for his deductible and co-pay.

The hospital defended its prices, saying it has to charge prices higher than retail because of the various discounts it is required to give insurers.
No, it doesn’t make sense.

Which is why a single payer system does.

Why would that change the above dynamic? It's all the stupid games we play trying to pretend that we shouldn't have to actually pay for our health care (because it's a sacred right dontcha know) that paint us into this corner. Turning that up to eleven with single payer is just doubling down on the same damn delusion. Whatever. This isn't going anywhere sensible in any case.
 
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The hospital reduced the bill to $20,227 because of a contract with Ferguson's insurer. In the end, he paid $5,400 of his own money for his deductible and co-pay.

The hospital defended its prices, saying it has to charge prices higher than retail because of the various discounts it is required to give insurers.
No, it doesn’t make sense.

Which is why a single payer system does.

Why would that change the above dynamic? It's all the stupid games we play trying to pretend that we shouldn't have to actually pay for our health care (because it's a sacred right dontcha know) that paint us into this corner. Turning that up to eleven with single payer is just doubling down on the same damn delusion. Whatever. This isn't going anywhere sensible in any case.

The high fees are the result of Chargemaster (or Charge Master), something worth looking into.
 
No, it doesn’t make sense.

Which is why a single payer system does.

Why would that change the above dynamic? It's all the stupid games we play trying to pretend that we shouldn't have to actually pay for our health care (because it's a sacred right dontcha know) that paint us into this corner. Turning that up to eleven with single payer is just doubling down on the same damn delusion. Whatever. This isn't going anywhere sensible in any case.

The high fees are the result of Chargemaster (or Charge Master), something worth looking into.

And the high fees are tolerated because no one really gives a shit. We've all fell into the delusion that we can use insurance to get out of paying for health care. The cruel irony is that we end up paying approximately the same amount out of pocket anyway.

Anyway, the main thing is to continue this charade for as long as possible.
 

The hospital reduced the bill to $20,227 because of a contract with Ferguson's insurer. In the end, he paid $5,400 of his own money for his deductible and co-pay.

The hospital defended its prices, saying it has to charge prices higher than retail because of the various discounts it is required to give insurers.
No, it doesn’t make sense.

Which is why a single payer system does.

Sure, if you want to suffer and die.
 
It is ridiculous. Our medical insurance payment systems are broken, bloated, confusing mazes of regulations, forms, codes, and formulas.

It's what you get when you out a bunch of bureaucrats in charge of anything.
 
It is ridiculous. Our medical insurance payment systems are broken, bloated, confusing mazes of regulations, forms, codes, and formulas.

It's what you get when you out a bunch of bureaucrats in charge of anything.

Let's have some more of that!
 

The hospital reduced the bill to $20,227 because of a contract with Ferguson's insurer. In the end, he paid $5,400 of his own money for his deductible and co-pay.

The hospital defended its prices, saying it has to charge prices higher than retail because of the various discounts it is required to give insurers.
No, it doesn’t make sense.

Which is why a single payer system does.

In a single payer system the hospital would have billed you for the entire $89,000.
 

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