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Maxheader

(4,401 posts)
2. What a great guy!
Tue Mar 13, 2018, 06:30 PM
Mar 2018

And then we have the greedy...

https://www.washingtonpost.com/news/wonk/wp/2015/09/09/the-crazy-reason-it-costs-14000-to-treat-a-snakebite-with-14-medicine/?utm_term=.46e71c7c1186


The crazy reason it costs $14,000 to treat a snakebite with $14 medicine
-snip-
Finally, over 70 percent of the cost — responsible for most of the "sticker shock" you see in so many stories about envenomation care — comes from hospital markups that are used as instruments in negotiation with insurance providers. Depending on the hospital and the insurer, some percentage of this amount later gets discounted during the final payment process.

"It's a markup intended to be discounted back down," Boyer explained in an interview. But if you don't have insurance? The negotiating is all on you. And if you happen to have a high deductible for medications, you have to cough up the deductible amount, which can add up to thousands of dollars.

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