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Fortinbras Armstrong

(4,473 posts)
Fri Nov 5, 2021, 12:27 PM Nov 2021

In the beginning of October, I had a severe attack of sciatica

For which I went to the local hospital emergency room. I just got a statement from my health insurance company which detailed some of the charges. The one that really got to me was the charge for the one (1) prednisone tablet they gave me: $1004.58.

I looked it up, and the retail price for such a tablet is $1.20.

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dutch777

(3,035 posts)
1. If you have a spare prednisone tablet at home, mail it to the billing department.
Fri Nov 5, 2021, 12:39 PM
Nov 2021

Tell them you are even. I worked for a hospital and had to keep my mouth shut because when I heard stuff like this it made me crazy. I realized that they are just trying to cover their overhead anyway they can but this kind of non-sense leaves a bad taste in people's mouths.

JohnSJ

(92,394 posts)
2. Prednisone tablets are very cheap, and actually much less than 1.20 per tablet. That has to be an
Fri Nov 5, 2021, 12:39 PM
Nov 2021

error somewhere. I would definitely ask them about that charge



 

Hoyt

(54,770 posts)
5. Your insurance company will pay them a dime or so, and the hospital will write-off the rest.
Fri Nov 5, 2021, 01:04 PM
Nov 2021

For example, Texas BCBS pays $0.01 for that pill. Medicare is closer to 2 cents.

Why hospitals and physicians play this stupid game is beyond me.


 

Hoyt

(54,770 posts)
7. Honestly, they don't get any tax break for that. To be able to deduct the difference, they would
Fri Nov 5, 2021, 01:34 PM
Nov 2021

have to account for the $1,004.58 as income. They don't do that. Plus, even if they did, it wouldn't make any difference in financial outcome.

Anyway, most hospitals nowadays are non-profit, at least on paper.

For publicity, they might be able to say they provide millions of uncompensated care, but that's just PR BS. And it's always possible some uninsured billionaire will pay the $1,004.58. A poor uninsured person might get hassled, but they aren't going to get $1,004 and the providers know that.

It goes back to early years of Medicare where providers got paid in a subsequent year based upon what the charged in previous years. Medicare and insurers changed that decades ago. A few insurance companies still pay a percentage of charges, but not many anymore.

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