Readers say Healthcare is the biggest scam in this country
The article Bitter Pill: Why Medical Bills Are Killing Us even made Medicare out to be a hero, believe it or not. The real reason for the valley expansion is nicely explained here.
Something to think about: I had an emergency operation that cost 19000 and change. My insurance paid for it sans the deductible. About a year later I’m discussing the cost of the operation with an employee from valley. She said ” your insurance didn’t pay 19000 dollars for that operation they probably paid between 8800 and 9300 for. BUT if I did’t have insurance I would be on the hook for the whole 19000, And in nj the hospital could put a lein on my house for the payment. If the hospital can charge the ins co. those figures why do they get away with beating up the uninsured for whole inflated bill?
Most relevant to Ridgewood is the expose of the hospitals amazing profits, and need to continually expand, buy doctors’ practices, etc. The pay of their executives, their p.r., all at the expense of the residents.
Its not the doctors or the nurses who benefit, it is the hospital and the health care industry itself. The hospitals are scrambling to play down this amazing story, but they cannot.
The non profit argument is a myth, and even if some people want P.I.L.O.T it is a false argument, cause it wouldn’t matter to the hospitals bottom line, they make so much money and they would use this as an argument to expand.