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Fwd: [ cacklinggrackle] America's pay-or-die health care system

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Lassiter Jonez <ljonez23

May 6, 2008 10:47 AM

[cacklinggrackle] America's pay-or-die health care system

cacklinggrackle

 

 

 

" Advised by her physician to go to M.D. Anderson for urgent

treatment of her leukemia, Mrs. Lisa Kelly was told she had to pay

$105,000 up front before being admitted. The hospital declared her

limited insurance unacceptable.

 

Sitting in the business office with seriously advanced cancer, she

asked herself – 'Are they going to send me home?' 'Am I going to die?'

 

" Time out from her torment for a moment. M.D. Anderson started this

upfront payment demand in 2005 because of a spike in its bad debt

load.

 

" The Wall Street Journal explains – 'The bad debt is driven by a

larger number of Americans who are uninsured or who don't have enough

insurance to cover costs if catastrophe strikes. Even among those with

adequate insurance, deductibles and co-payments are growing so big

that insured patients also have trouble paying hospitals.'

 

" It isn't as if non-profit hospitals like M.D. Anderson are hurting.

Look at this finding in an Ohio State University study: net income per

bed at non-profit hospitals tripled to $146,273 in 2005 from $50,669

in 2000. And you also may have noticed the huge pay packages awarded

hospital executives.

 

" M.D. Anderson, exempt from taxation, recipient of funds from large

government programs and research grants has cash, investments and

endowment totaling $1.9 billion, with net income of $310 million last

year, the Journal reports. "

 

Full article at:

http://www.counterpunch.org/nader05062008.html

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