My Hospital Bill was $119,000 for 5 days

[Ms. Toad]

58. Our care to date for this year:

Billed: $23,856.08
Paid by the Insurance company (or our deductible): $14,749.31

The lowest rate of payment: labwork - ranging from 7% to 22%
The highest rate of payment: physicians - ranging from 55% to 93%

I haven't really kept track of it before, but this year we have a HRA, so I had to touch every EOB until we hit $6000 out of pocket. I was so appalled at what I saw that I've continued to track.

One note - all the medications look as if they are paid at 100%, but I know drugs are also paid at a discounted rate that is just not reflected in anything I can find. (I know this because I was quoted the out of pocket, old insurance, and new insurance rate for the first prescription I filled this year. The two insurance companies were billed different rates, both significantly lower than the out of pocket rate.) That means the amount paid/amount billed rate is artificially high since $8000+ of what has been paid is for drugs.

We'll have a hospitalization at the end of this week. I'm betting it is paid at closer to the labwork rate than the physician rate.