Hospital Costs Vary By Location
It turns out hospitals charge pretty much whatever they want for the same services, depending on where you are.
FOX News Radio’s Steve Taylor reports form Washington DC:
The Medicare and Medicaid agency says different hospitals charge widely-varying fees for common operations and procedures.
Park: “For example in Birmingham, Alabama, the average hospital charge for hip and knee replacement varies from $23,000 dollars at one hospital, to $141,000 dollars at another.”
White House Adviser Todd Park says there are many other examples. Insurance companies may get discounted fees, but higher hospital list prices still can mean higher co-pays. And if you’ve got no insurance, you may pay that full price.
In Washington, Steve Taylor, FOX News Radio.
