Why can hospitals upcharge so many costs?

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I see a lot of people post their net total hospital bills and they are in the tens of thousands of dollars. Yet, when a customer asks for an itemized list of the costs, the total always goes down. Do hospitals have a loophole or just free reign on what costs within their care?

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2 Answers

Anonymous 0 Comments

A lot of reimbursement is based off a percentage. So if insurance only pays 15%, then the hospital charges $100 for 2 Tylenol.

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