My wife just had a knee replacement done. Just got the letter from our health insurance with the coverage amounts,our co pays etc…
total bill just from the hospital 85k
discounts because they were in network 70k
net bill 15k of which insurance paid 12k
this was just the hospital portion. the bills for the doctor,the anesthesiologist etc had similar discounts
in other words the hospital agreed to take 83% less from the insurance company then they would have charged an uninsured person. In addition this was for a 2 hour surgery and a 1 night stay in the hospital
hospitals should no be allowed to charge individuals more than what they charge insurance companies especially since the majority of hospitals are non profit…
in the rest of the world that same knee replacement would cost under 20k pretty much anywhere in the world.