You Get What You Pay For

Featured at

The True Cost of a Flawed Healthcare Paradigm

by Dr Mercola

The documentary film The True Cost of Health Care6 by Dr. David Belk, MD (featured above) also reveals a number of shocking details that help explain the exorbitant cost of American health care. For example:

  • Generic medications can cost 100 percent less than their brand-name equivalent, and usually cost less than most insurance co-pays. This means you might actually pay LESS by purchasing a generic medication out of pocket, compared to using your insurance if you have a co-pay. In essence, going through your insurance amounts to paying extra for the privilege of being overcharged…
  • Hospitals routinely bill 10 or more times what they expect to be paid for any given service. As I discussed in a previous article, most hospitals end up receiving just 35 percent of what they bill, yet they still manage to make tens of millions of dollars in operating profits each year. Some hospitals, including Sloan-Kettering and MD Anderson, who are tougher in their negotiations with insurance companies, end up getting around 50 percent of their total billings.
  • Most diagnostic tests and procedures are inexpensive to perform. However, the charges for these tests and procedures typically have no relation to the actual cost. Each hospital has an internal price list called a chargemaster, which contains every single item you may be given or come in contact with during your hospital stay. The problem is, no one quite knows how the prices in the chargemaster are created. What is clear is that there’s absolutely no market feedback to regulate and control the prices that are charged.
  • Health insurance companies deliberately manipulate these costs to maintain their profits. As explained by TheTrueCostofHealthCare.org:7 “Health insurance companies can manipulate a patient’s out of pocket payments to make it appear as though health care is more expensive than it really is. Insurance companies sell security against financial risk. If no one really understands what that risk is (because all prices are hidden or deceptive) then the price of the security (insurance) can be grossly inflated.”

3 thoughts on “You Get What You Pay For

  1. Got my ‘ObamaCare’ update yesterday. The same medical insurance that I’ve been paying for the last 30+ years is rising over 20% in costs come January. In the past, the increases were around 5-8% a year.

    I can no longer afford that company, so I’ll be forced into Obamaland.

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  2. stand by for mind control….

    Yiddish Theatre…is it really worth it ?

    http://nahidaexiledpalestinian.wordpress.com/2013/10/09/the-world-is-antisemitic-oh-really/

    Mullins, what a treasure for condensing the overall conspiracy that flows from the control of the

    http://whale.to/a/mullinsbk_m.html

    MONEY.

    http://www.thecourier.com/Issues/2013/Oct/08/ar_news_100813_story2.asp?d=100813_story2,2013,Oct,08&c=n

    so, what’s in your wallet…?

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  3. wait there’s more….

    Yellen studied economics at Brown and Yale and has spent nearly two decades in the academic world before joining president Clinton’s economic team. She served as a Federal Reserve governor, chair of the Council of Economic Advisers, chair of the San Francisco Fed, and until now, vice chair of the Federal Reserve Board of Governors.

    In these positions Yellen has established her credentials as a leading economist who was among the first to speak out against the dangers posed by subprime mortgages. As vice chair of the Fed Yellen supported Bernanke’s policy of maintaining low interest rates and has viewed dealing with unemployment as the key challenge facing the Federal Reserve.

    In 1978 Yellen married economist George Akerlof, who is also Jewish. Akerlof won the Nobel prize for economics in 2001 with two other Americans. While living in Berkley, Calif., Yellen and Akerlof were members of the Reform Congregation Beth El, where their only son attended pre-school.

    Jewish activists involved in the Bay Area community, as well as those from the Jewish community in Washington, where Yellen has been living off and on, could not recall any further involvement by her in Jewish life or in Jewish organizations.

    http://biblehub.com/text/mark/7-13.htm

    An economist friend of Yellen told the Forward that he knows she is Jewish, “but that’s about it.”

    While most expect no problems with Yellen’s confirmation in the Senate, her real challenges will begin once she takes the reins of the central bank in January. After an eight-year term of Bernanke, who focused on trying to bring back the American economy from the brink of recession, Yellen will face the need to make key decisions on the way forward and the level of the Federal Reserve’s active involvement in economic policies.

    Read more:

    http://blogs.forward.com/forward-thinking/185284/janet-yellen-brings-jewish-side-to-fed-again/

    curiously the “Hebrew” {NON-JEWISH} prophet allegedly wrote in Isaiah 3…these haunting words…

    here is an approved English translation…some might find it uncanny….

    http://www.roitov.com/articles/rayq.htm

    The shew of their countenance doth witness against them; and they declare their sin as Sodom, they hide it not.
    Woe unto their soul! for they have rewarded evil unto themselves.

    Say ye to the righteous, that it shall be well with him: for they shall eat the fruit of their doings.

    Woe unto the wicked! it shall be ill with him: for the reward of his hands shall be given him.

    http://www.wakingtimes.com/2013/10/07/ignorance-free-2/

    As for my people {White People/Europeans}, children are their oppressors, and women rule over them.
    O my people, they which lead thee cause thee to err, and destroy the way of thy paths.

    The Almighty standeth up to plead, and standeth to judge the people.

    http://truthtellers.org/alerts/OReilly-Backs-Down-ADL.html

    The Almighty will enter into judgment with the ancients of his people, and the princes thereof:
    for ye have eaten up the vineyard; the spoil of the poor is in your houses.

    http://biblehub.com/kjv/isaiah/3.htm

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