Days in the hospital: 23These are not the final costs; bills continue to “trickle” in. Of the 28 physicians I can recall actually seeing maybe ten.
Doctors and PAs involved in my treatment: 28
Gross charges billed to insurance: $265,136.49
Amount paid by insurance: $246,013.49
Out of cost paid by me: $915.00
Monthly insurance premium: $1,159.52
When President Obama took office, he pushed through an initiative to revamp the medical insurance industry. To my thinking less than half the job has been addressed by this legislation; he focused on the insurance side of the overall health care issue, leaving the medical delivery system relatively untouched. This is like having the fire department trying to save your burning two-story home by trying to put out the fire on the ground level only – the whole upstairs is still a conflagration.
Each of the 28 doctors billed insurance separately, and multiple times for each time they looked at my chart. That means 28 separate financial transactions, not including the labs, hospital, et al. Heck, if a couple of these doctors just wanted to pick up some side revenue, they could have falsely claimed they provided treatment – the insurance company would have no way of knowing. Nor would I.
Pharmaceutical companies charge outrageous prices for their products. True many likely had high product development costs. But they also par with auto companies in the amount of time and money they spend on prime-time television advertising. I have seen as many as three pharmaceutical ads during one spate of commercial breaks. Who pays for that? I can guess.
The two largest medical providers in town share common real estate and parking lots. But they do not share patient medical data between them via their independent computer systems. Yesterday my cardiologist faxed a blood draw request to the lab in the next building. Yes, in the 21st century – FAXED!
I know people love to gripe about government, and Big government at that. But the city doesn’t have two water departments, there is only one DMV in town, people can apply for Food Stamps and Unemployment insurance compensation in one building. More importantly, NONE of these government agencies have CEO’s who draw million dollar annual bonuses.
It all kind-a makes me sick.