Monday, August 27, 2012

The Ridiculous Cost of Health Care

This article by Brian Klepper through "Care and Cost" online, is very good summary about health care costs & potential ways to begin normalizing them.  He begins by describing his own personal experience with an outpatient procedure and how ridiculous the charges were for a diagnostic procedure. 

I have just gone through major surgery myself - the bills are beginning to roll in & even with good insurance (which I've never used, because I was always healthy), the costs and then the 'adjustments' to those costs are mind boggling.  I've only received the billing for the preliminary "outpatient" procedures that were simply to get a diagnosis and I'm sitting at about $3000 so far (that's MY expense after all insurance discounting & adjustments were made to the ridiculous, original charges).  I'm bracing myself for the in-patient hospital stay and the major surgery bill . . . .

Will the Bubble Burst?

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