I was just talking with an employee of one of my clients. A few months back, she spent a day and a half in the hospital, having three vertebrae fused. The contracted price for the services? Almost $48,000. The price for the hospital's services as originally billed? Somewhat over $600,000. Her out-of-pocket cost? $250.
Let's see...
■ No insurance: $600,000
■ With Insurance: $250 (plus her portion of the insurance premium)
On top of that are her physician's charges, which are also not an insignificant amount.
On top of that are her physician's charges, which are also not an insignificant amount.
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