Stung by a Scorpion, Then by a Hospital. This
Could Happen to You.
by
Gary North
Tea Party Economist
Recently
by Gary North: Can
Any Lawyer Be This Silly? Why Obama Voluntarily Retired as a Lawyer
An Arizona
woman was stung by a scoprion. She went to the hospital. It gave
her two shots. Then it charged her $39,652.
Per shot.
In Mexico,
the same shot costs $100.
Then it charged
her extra fees for the visit. Total bill: over $83,000.
Conclusion:
government-regulated health care is not working for patients. It
is working great for hospitals.
Here are the
details.
Marcie Edmonds
was stung by a scorpion. At first, there were no major problems.
But symptoms began bothering her. She could not walk.
She called
poison control, which advised her to go to a hospital. (Smart people.
They wont get sued.)
The hospital
did not give her an IV of vitamin C (cheap). It gave her an IV of
a new drug, which costs the hospital $3,780 per dose.
The physician
never mentioned cost, She, being naive, never asked.
Sucker!
Three weeks
later, she was billed a little over $83,000, or $39,652 per dose.
The drug firm
sells the drug to distributors in the USA for $3,500 per dose. The
distributor charges the hospital $3,780.
In Mexico,
the same drug costs $100 per dose.
Hospitals
charge all they can. In her area, some charge $8,000 per dose. Others
charge $13,000. But this lady got the all-time sting.
Her insurer
paid $57,509, The hospital is demanding $25,537 from her.
The scorpion
got away scot-free.
Warning: never
accept treatment at any hospital without a written estimate of the
cost. If its verbal, you need an adult witness.
Better yet,
live in Mexico.
Continue
reading relevant article on www.azcentral.com
September
12, 2012
Gary
North [send him mail]
is the author of Mises
on Money. Visit http://www.garynorth.com.
He is also the author of a free 31-volume series, An
Economic Commentary on the Bible.
Copyright ©
2012 Gary North
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