Friday, May 24, 2013

Hospitals Charge and People "Dumb Enough To Pay," Pay

Hospital Charges Grow Like 'Compound Interest' In Opaque And Irrational U.S. Health Care System:

'via Blog this'

"Hospitals increased their charges dramatically during that period of time," said Seibold, the former insurance executive. "They will increase their charges because the only people who pay charges are health plans that are dumb enough to pay 'discount-on-charge' contracts and people who are either uninsured or private-pay," he said.

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