Wednesday, August 29, 2018

Expensive Care...

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The high cost of medical care is giving some Americans sticker shock. Annual health care spending in the U.S. is estimated to be $3.5 trillion. Hospital costs make up almost a third of that total.
Yet there are often many inconsistencies when it comes to hospital billing. Kaiser Health News shines light on these inconsistencies in its "Bill of the Month" series.
Calver has health insurance through a teaching job, which covered about $55,000 of the bill. But a month after his treatment, Calver received a bill for nearly $109,000.
The hospital where he was treated, St. David's Medical Center, issued the following statement to CBS News and Kaiser Health News: "Our research indicates that Mr. Calver will qualify for our financial assistance discount, leaving him with a balance of less than $800."
 From $109,000 debt into $800, it is out of control.

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