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Showing posts with the label skyrocketing healthcare costs

Why Healthcare Costs Are Out of Control

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Ten Times Retail Markup?!? Healthcare costs are skyrocketing. Why, Lord, why? - Is it all those scans prescribed by the docs who own the scanners? - Is it all those CYA tests to protect the docs from lawsuits? - Is it the meds that cost 300% more in the U.S.A. than anywhere else in the world? - Is it the weak regulations on keeping our food safe? - Is it the $500 a minute specialist fees? YES! All that and insane overcharges for everything from the famous dollar-per-aspirin some hospitals charge to things like THIS... THE STORY A close pal breaks her ankle. She goes to a podiatrist. The Physician gives her a simple, off-the-shelf ankle brace for temporary support. The bills trickle in. Cost for that brace? $490! Whoa, we say. So we look up the cost of this device. Check it out: = $490 charged by the Podiatrist = $49.95 charged by Smart+Medical Identical product. Identical manufacturer. Identical reimbursement code. Keep in mind #49.95 is a retail price, available to you and