Surprise Medical Bills Can Mean Financial Ruin For Some Patients
A new study finds that, although there's a growing awareness of the problem, some patients can be hit with bills up to 20 times more than they expected to pay.
The Fiscal Times:
How ‘Surprise Medical Bills’ Are Sticking Patients With Outrageous Costs
A new study published this week by the Brookings Institution notes that being diligent about determining that the hospital and doctors performing the procedures participate in their insurance plans may not be enough. People can still be hit with thousands of dollars’ worth of additional “surprise medical bills” – sometimes ten to 20 times what they expected to pay. (Pianin, 10/17)
In other news about health care costs —
Adults Who Skip Vaccines Cost $8.9B
Adults who skipped vaccines in 2015 cost the economy $8.95 billion, demonstrating the importance of personal responsibility in bringing down health care costs. The mostly costly preventable disease was the flu, which cost the country $5.79 billion. Researchers took a look at ten optional vaccines for adults that prevent 14 different diseases, according to the peer-reviewed study published in Health Affairs. They sought to aggregate the direct costs and lost productivity. (Tomlinson, 10/14)