The Fee Hand of the Market 0
David Lazarus investigated a hospital bill. A snippet:
Summers received his insurer’s explanation of benefits recently.
There are any number of things we could nitpick about. But what really jumped out at me was a charge of almost $77,000 for “medical services,” a mysterious fee above and beyond the roughly $5,000 billed separately by Summers’ surgeon and anesthesiologist.
Follow the link for the story of his quest to find out what “medical services” warranted charges at the rate of $25,666.66 an hour for a three-hour outpatient procedure.
