Thursday, August 13, 2009

Survey Results Prove High Medical Fees are Common

According to this article in the NY Times results posted from a survey conducted by America's Health Insurance Plans show that show that fees charged by doctors and hospitals are astoundingly high when comparing Medicare payments to payments private insurers pay.

The article gave an example of how a patient in Illinois paid $12,712 for cataract surgery when Medicare pays $675 for the very same procedure. Legislation that is being passed in Congress right now would require insurers to disclose to patients possible out-of-network costs. This is sparking serious debate in Obama's proposed health care plan in which we are seeing decreasing approval levels.

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