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Silent Type

(10,565 posts)
5. No, the hospital doesn't take it off their taxes. First, most hospitals are non-profit. Second, they
Mon Sep 11, 2023, 02:31 PM
Sep 2023

just write-off the difference in their charges and what the insurance paid, unless there is a copay or deductible, which apparently is not the case here. Glad to hear Kozar is doing well.

For some reason, hospitals and doctors often charge 2, 5, to 10 times what they expect to get from insurance. It's a stupid game that can be traced back to 1970s when hospitals and doctors were paid based upon their charges. If charges increased rapidly, payments increased accordingly. In 1980s or so, Medicare and most payers went to some kind of fee schedule, but docs and hosptials kept charging amounts they know they'll never get and will have to write-off.



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Latest Discussions»Support Forums»Mental Health Support»Ty all and I'm laughing»Reply #5