skip to main content
skip to newscasts

Monday, December 23, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Suspect held after woman set on fire in NY subway car dies; Trump threatens to take back Panama Canal over 'ridiculous' fees; A year of growth for juvenile diversion programs in SD; The ups and downs of combating rural grocery deserts in ND; Report: AZ one of eight Western states that could improve conservation policies.

view newscast page
play newscast audioPlay

Congress passes a last-minute budget stopgap. Trump's second-term tariffs could harm farmers, and future budget cuts could reduce much-needed federal programs.

view newscast page
play newscast audioPlay

Rural folks could soon be shut out of loans for natural disasters if Project 2025 has its way, Taos, New Mexico weighs options for its housing shortage, and the top states providing America's Christmas trees revealed.

Some Hospitals Charge Up to 1,000% Markup on Uninsured

play audio
Play

Friday, June 12, 2015   

RICHMOND, Va. - If you're going to break a leg, be careful where you do it. You might end up at a hospital that charges the uninsured as much as a 1,000 percent markup.

A list of the 50 hospitals with the highest price markups over actual costs is included in a new study published in Health Affairs. Ge Bai, the report's co-author and a certified public accountant, said some hospitals are marking up prices by an extraordinary amount for the same medical services.

"The hospitals are playing a price-gouging game," she said, "and this price gouging will trickle down to all consumers, whether you have insurance or not."

One of the hospitals named is the Southside Regional Medical Center in Petersburg, part of the Community Health Systems chain. The hospital pointed out that the study does not account for uncompensated care or reflect the price people actually pay.

The study found that hospitals are charging the uninsured, workers'-compensation and out-of-network patients more than 10 times the costs allowed by Medicare. Those are the patients with the least power to negotiate, said Bai, an assistant professor at Washington and Lee University, adding that people can't bargain when they're sick.

"So there's a big loophole in our hospital pricing system," she said, "and our policy makers need to understand that and step in, using their policy tools to help regulate hospital pricing and control overall health-care spending."

Since there is no regulation of hospital fees in most states and no market forces to compel hospitals to lower costs, Bai said, they charge higher prices because they can. The report also found that while for-profit hospitals represent only 30 percent of all hospitals in the United States, they account for 98 percent of hospitals with the highest markups.

The report abstract is online at content.healthaffairs.org.


get more stories like this via email

more stories
Rocky Casillas Aguirre adds a pop of color to 'Twitch the Flame,' a main character in his comic series which focuses on mental health for kids. (Photo courtesy of Casillas Aguirre)

Health and Wellness

play sound

By Amy Felegy for Arts Midwest.Broadcast version by Mike Moen for Minnesota News Connection reporting for the Arts Midwest-Public News Service Collabo…


Health and Wellness

play sound

With Christmas less than a week away, experts are giving advice on how seniors and the community can fight against social isolation. A United Health …

Environment

play sound

When the Champlain Towers South collapsed in Surfside in 2021 taking 98 lives, it sent shock waves across South Florida. The tragedy has left …


Environment

play sound

Three environmental nonprofits filed suit Wednesday against the California Air Resources Board to oppose the expansion of a program allowing oil and g…

Ithaca, New York, is the first city in the world to commit to electrifying all its buildings. The city is aiming to accomplish the goal by 2030. (Adobe Stock)

Environment

play sound

New York lawmakers are focusing on electrifying municipal buildings. Buildings statewide make up 32% of New York's greenhouse gas emissions and …

Social Issues

play sound

North Dakota is expected to rejoin the debate over whether all school children, regardless of their family income, should have access to no-cost …

Social Issues

play sound

This month, an Arizona grand jury indicted two out-of-state residents for cheating the state's Empowerment Scholarship Account program out of more …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021