Forgive the blog silence, I’ve been online trying to sign up for health insurance on www.healthcare.gov (just a little healthcare reform humor there).
So today we’re going to do a bit of math. Don’t worry — I’m not a math person so this will be simple and painless.
We’re going back to my aunt, who was prominently featured in my last post.
She’s doing quite well ( thanks to all who sent good wishes). And she just received the first of what will be many bills.
This one was for the surgery and hospitalization. The hospital billed Medicare $11,851. Keep in mind that’s for the hospital only. Not the radiologist who read her xrays, or the anesthesiologist who made sure she felt no pain, or the surgeon who replaced her shoulder, or the visiting nurse, or the physical therapist, or the outpatient prescription medications. Just the facility charges for the surgery and three days in the hospital.
Medicare and her supplemental insurance paid the hospital $2,016 — about 17 percent of the total charges (don’t worry, I used an online calculator to figure this out). She had no copay thanks to that supplemental insurance.
If she didn’t have insurance, however, … Continue Reading