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Imagine your physician prescribed an expensive new drug for you. Concerned about its price, you ask what your out-of-pocket costs will be. To help your physician, you even pull out details of your insurance coverage. But even with this information in mind, don’t expect your physician to be able to estimate your costs. The complexity…
Most people in the United States get health insurance either through their employer or through government programs like Medicare and Medicaid. But some people have to find other ways to get healthcare insurance, with an increasing number of people doing so through the Obamacare exchanges, or “marketplaces.” In fact, according to the Kaiser Family Foundation…
Wondering where all your spare cash is going lately? Probably to healthcare:
If she had been eligible for Medicare, the hospital would have charged the government $10,000 for the services it provided to her, with Medicare picking up most of the tab. But lacking insurance, she was billed directly from the hospital, and not for a mere $10,000. The total charge: $120,000! That 1200% markup is extreme….
Very interesting article in the Lancet recently, from the nudge unit in the United Kingdom. They give physicians feedback on how much they prescribed antibiotics compared to their peers, and found that such feedback reduced antibiotic prescriptions. I hope to see more of this work!