It is estimated that hospitals are overcharging
consumers an estimated $10 billion a year and although hospital
overcharges can be honest errors, many are deliberate.
Hospital bills can be extremely difficult for
consumers to understand allowing for the opportunity to hide improper
charges behind complex medical terminology and codes.
Estimates on hospital overcharges run up to $10
billion a year, with an average of $1,300 per hospital stay.
Making sure that you are charged correctly can
be a discouraging task since health insurance plans have different
contracts with differing payment schedules. There is no single
rate sheet you can consult, but you can take these steps to make
sure that you're not overcharged.
Check your insurance policy to find out just what
it will cover and how much it will pay. Be sure to carefully review
the section on exceptions and exclusions.
Phone the hospital's billing department and ask
them what you will be charged for the room and what the room charges
cover. If tissues aren't included, for example, bring your own.
Ask if you can bring your regular prescriptions
from home to avoid paying for medications administered at the hospital.
Don’t throw away your explanation of benefits
(EOB) from your insurance company Examine it. It will tell you
how much the hospital is charging, what your insurance plan will
cover, and what you will have to pay out of your own pocket in
deductibles and co-payments.
Never pay your bill before leaving the hospital
-- even if you're told that it's required.
If there are items on your bill that you don't
understand, call the billing department and your insurer, and ask
them to explain. Demand an itemized bill.