- #1
- 28,950
- 4,245
Seen somewhere else:
Any comments? Does it really look this way?
Years ago place I worked for did not offer family insurance and we had to obtain our own. Medical plan did not cover child birth or related costs. Hospital informed us that they had a payment scale based on insurance coverage and income and they gave us a price of $3,000 total. However, due to problems during birth the procedures then qualified as a major medical procedure. The base price of $3,000 suddenly jumped to over $10,000. The entire $30k+ bill has been itemized and it was stunning to see the bloated figures they used to bill the insurance. Having friends working at the hospital I inquired about it. All they could say was that it didn't matter because "insurance would cover it".
This gave me a great insight into the relationship that health care and the insurance industry has and why health care costs have skyrocket through the years.
Any comments? Does it really look this way?