I Hate Dialysis Message Board
Dialysis Discussion => Dialysis: News Articles => Topic started by: rcjordan on July 22, 2019, 05:16:49 AM
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NPR
https://www.npr.org/sections/health-shots/2019/07/22/743180947/first-came-kidney-failure-then-there-was-the-540-842-bill-for-dialysis
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Outrageous.
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Not only on Dialysys but mugged by his provider, your money or your life.
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Pure Corporate GREED!
I'm half ashamed to admit I go to a Fresenius clinic.
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Isnt American healtcare fun.. >:(
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Soo.....Medicare pays $235/session, and the vast majority of dialysis patients are on Medicare......and they make almost nothing off the Medicare patients, yet......they make $2 BILLION in profits every year? Wow, SOMETHING doesn't add up here....
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The Medicare payment is 80% of around 370 dollars and that provides a small profit of around 10%. The reason the big companies charge outrageous rates is that they will take a tax write off when the patients declare bankruptcy the tax savings is about 1/3 the amount charged. Which works out to be about what private insurance pays.
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I call it the visiting arab price.
When I was on private insurance and D, my company paid between $3000 (Fresenius) and $5050(DaVita) for out of town dialysis at facilities they did not have a price negotiated contract with.
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I call it the visiting arab price.
When I was on private insurance and D, my company paid between $3000 (Fresenius) and $5050(DaVita) for out of town dialysis at facilities they did not have a price negotiated contract with.
No, they "charged" them that. I guarantee that they didn't "pay" them that. It's all just a game of smoke-and-mirrors. Anything that appears in an insurance statement or a medical bill is about 95% fiction.
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I call it the visiting arab price.
When I was on private insurance and D, my company paid between $3000 (Fresenius) and $5050(DaVita) for out of town dialysis at facilities they did not have a price negotiated contract with.
No, they "charged" them that. I guarantee that they didn't "pay" them that. It's all just a game of smoke-and-mirrors. Anything that appears in an insurance statement or a medical bill is about 95% fiction.
You would be wrong.
My insurance company sent statement (for all my claims) showing billed and paid amounts. Locally, there was a large spread. Out of town, paid was equal to the billed amount.
Ambulance costs ($5900 for a 17 mile hospital to hospital transfer) were also paid at asking price.