Ways to save, Part 4: Aren’t medical prices regulated?

Filed Under: Costs, Health plans, Patients

Ways to save, Part 4: Aren’t medical prices regulated?

As part of our mission to help you save money by beating back your health-care costs, we’re running a series  giving practical consumer advice about the marketplace. Here’s the first post about saving money (we suggest that you always ask the price in advance); here’s the second (even in an emergency, ask!);  and ” target=”_blank”>the third […]

Checkup: Less surgery, more fraud, higher costs

Checkup: Less surgery, more fraud, higher costs

Less money for surgery: “HCA Holdings, the biggest for-profit hospital chain in the U.S., reported lower earnings than expected Monday. And one of the reasons might surprise you: some people appear to be forgoing surgery, in part, because of hard economic times. When the company looked at surgical admissions hospital by hospital, it found they declined 1.6 […]

The Day: Insurance errors, premiums dropping

The Day: Insurance errors, premiums dropping

“The overall rate of inaccurate [insurance] claims payments increased since last year among leading commercial health insurers, according to American Medical Association’s (AMA) fourth annual National Health Insurer Report Card. Claims-processing errors by health insurance companies waste billions of dollars and frustrate patients and physicians.” The AMA is not a big fan of insurers, but […]

Meet my friend in the billing office, Part 2

Meet my friend in the billing office, Part 2

Did you ever wonder why the bill from your medical provider is $3,000, while the insurance company pays only a paltry few hundred dollars? There’s a reason. Walk with me through the billing office of a self-standing New York radiology center with my friend S. (Here’s our first visit to her office, complete with her […]

The day: Costs of treatment and surgery, Canada, Medicare

Filed Under: Costs, Health plans, Patients

The day: Costs of treatment and surgery, Canada, Medicare

“Physicians don’t see the price tags and they never get the bill. Doctors are the true consumers of health care dollars, but the rules of economics falter when the consumers aren’t the ones that pay up. This disconnect is a fundamental cause of the uncontrollable inflation of health care costs in the US. Ignorance about […]