05-08-2013, 03:51 PM
Hmm. Interesting. Thanks. Note that there are a lot of caveats and modifiers... Medicare does not pay full boat, and NOR do the uninsured (in most cases). I've found that the "Hospital Bill" is mostly a work of fiction.. it's a starting point on negotiations.
But this clearly illustrates the complexity issues surrounding providing services. And it's not just hospitals or doctors. Every organization has a different cost structure, and different price points for what may even be the same effective service.
Go to Joe Lawyer LLC to fill out a will, and he'll charge you $200. Go to Jones Day and they'll charge you $10,000. (And usually have a paralegal making $10 per hour do the work).
But this clearly illustrates the complexity issues surrounding providing services. And it's not just hospitals or doctors. Every organization has a different cost structure, and different price points for what may even be the same effective service.
Go to Joe Lawyer LLC to fill out a will, and he'll charge you $200. Go to Jones Day and they'll charge you $10,000. (And usually have a paralegal making $10 per hour do the work).