Until now, when a consumer or patient enters the healthcare system the suppliers of services include insurance companies and brokers, hospital administrators, drug and medical device companies and even lobbyists. Because all of these groups have a share in the revenue stream for the services rendered to the consumer, they are able to dictate what the consumer pays. They all operate under the notion that healthcare will continue to cost more and they are all well-positioned to achieve this.
- 89% of the population is unable to compute the cost of a four-day hospital stay when given the information that should enable them to do so (Kaiser Family Foundation, 2013).
- 70%-80% of medical bills have errors in them (Medical Billing Advocates).
Charges for the same medical procedure vary greatly among American hospitals.
Are you willing to plan and shop? What if you knew you could drive just 28 miles to save $92,646?
For example, if you have Chronic Obstructive Pulmonary Disease, the average amount you would be charged for treatment at Hospital A in New Jersey is $99,690. You could receive the same treatment at Hospital B in the Bronx for just $7,044.
We can help you find these options.