Alan Weiss describes yet another example of how the entire US healthcare system is a ripoff.
We’ve just received a bill this month from the hospital–where the care was superb–telling us that of the $125 cost of the walker, insurance paid for everything but $12.94, so would we please remit. I think you can see that it’s costing the hospital about $100 or more to collect their $12.94, and it probably cost Medicare more than $125 to reimburse the hospital partially.
A cost of $125 really ends up costing the government and the patient $300 or more.
This is how those $600 toilet seats in the military end up happening.
We’re not going to solve anything until we get at the root of the problem, that of a too large, too bureaucratic, too complicated system to provide citizens with basic services.