Hospital Execs Making Huge Salaries?

[dexvx]

Whatever the case, hospital bills, like college tuition, are out of hand IMO.

 

[1prophet]

Originally posted by: WhipperSnapper

Originally posted by: astrosfan90
I've been mulling this over, and it really bugs me. I've heard time and time again about people getting charged 2x or 3x the price for medical care if they are uninsured (as compared to what an insurance company pays), and it bothers me. What bothers me even more though is the fact that while the middle class folks who can't afford medical coverage pay these insane prices, the executives of these NON-PROFIT hospitals are making seven-figure salaries.

I'm not at all surprised. A great many self-proclaimed "non-profit" businesses and charities are really "non-profit" only in name and for tax purposes. In the meantime, the people running it profit tremendously in the form of high salaries, awesome benefits, company cars, paid vacations to fancy resorts for "seminars" and conferences, etc.

And this I fear will eventually cause many charities and religious organizations to lose part or all of their tax exempt status.

 

[extra]

Interesting stuff, isn't it.

Course, you can always do the whole "not pay them" thing. Just whatever ya do, don't hand over your credit card info

 

[Wheezer]

Originally posted by: Boy Hits Car
If you are poor, you get Medicaid and don't pay. So this is targeting the middle class with no insurance.

Please I would like to hear your classification of "middle class". Throw out a dollar figure.

for both a single person and a family....I would really like to hear this.

 

[judasmachine]

Originally posted by: BarneyFife
Thats odd. I thought that insured people were charged way more.

Thats the auto-body industry you're thinking of.

 

[RichardE]

Originally posted by: BarneyFife
Thats odd. I thought that insured people were charged way more.

The large insurance companies can make deals with hospitals. Sort of like buying medical services in bulk.

Another example is company A buys 10 000 pens for 5 cents each for each of its emplyees. A regular joe has to pay .99 cents for the pen.

Not exactly the same percentage, but the same idea is applied.

 

[funboy6942]

Originally posted by: astrosfan90
I've been mulling this over, and it really bugs me. I've heard time and time again about people getting charged 2x or 3x the price for medical care if they are uninsured (as compared to what an insurance company pays), and it bothers me. What bothers me even more though is the fact that while the middle class folks who can't afford medical coverage pay these insane prices, the executives of these NON-PROFIT hospitals are making seven-figure salaries.

On the bigger picture if you cannot afford health insurance you most likly will not be able to afford the ever so inflated bill. They know that they will not pay this off and will end up writing it off at the end. What a way to hide money by overcharging someone that didnt pay and writing that off at the end of they year as a loss.

If they can offer an insurance company lower rates so can they for thoes without insurance but they cannot because it helps them in the long run in hiding money from other places by claiming a huge loss at the end. Its a paper shuffle scam. And if your not smart enough to go through a BK they win again by garnishing your wages and making sure they get the full inflated price from you. Its really a win win for them either way.

 

[alchemize]

Originally posted by: dmcowen674

Originally posted by: astrosfan90

Originally posted by: dmcowen674

Originally posted by: astrosfan90

Originally posted by: Pens1566
I'd be interested in hearing Sen. Frist's take on this.

I'm missing something here. Has he been working on legislation relating to this or something?

Are you a Texan???

Frist makes a ton of money off the current corrupt system you suddenly do not like.

Ahh. I lived in Houston for a few years as a kid, right around the time I was old enough to appreciate baseball. My loyalty to the Houston Astros is about all the Texan legacy I can claim.

It's not that I "suddenly" don't like the system, I just stumbled across some articles from a while back lately that have really made me think about this issue, and it kinda bothers me. I guess it's one thing when we're talking about for-profit groups, but when it's non-profit groups doing it, it just doesn't seem right.

Well only lesson I have for you here that there is essentially no difference between profit and non-profit Hospitals or Corporations.

Only the manner in which the profit is paid out used to be different but Republicans have changed business laws that there is no longer any difference. Enjoy

Dave,

Guess how much the President of our hospital makes? Not for profit...$1 Billion dollar company.

The bounds of your ignorance are limitless - you've got that going for you!

 

[astrosfan90]

Originally posted by: alchemize

Originally posted by: dmcowen674

Originally posted by: astrosfan90

Originally posted by: dmcowen674

Originally posted by: astrosfan90

Originally posted by: Pens1566
I'd be interested in hearing Sen. Frist's take on this.

I'm missing something here. Has he been working on legislation relating to this or something?

Are you a Texan???

Frist makes a ton of money off the current corrupt system you suddenly do not like.

Ahh. I lived in Houston for a few years as a kid, right around the time I was old enough to appreciate baseball. My loyalty to the Houston Astros is about all the Texan legacy I can claim.

It's not that I "suddenly" don't like the system, I just stumbled across some articles from a while back lately that have really made me think about this issue, and it kinda bothers me. I guess it's one thing when we're talking about for-profit groups, but when it's non-profit groups doing it, it just doesn't seem right.

Well only lesson I have for you here that there is essentially no difference between profit and non-profit Hospitals or Corporations.

Only the manner in which the profit is paid out used to be different but Republicans have changed business laws that there is no longer any difference. Enjoy

Dave,

Guess how much the President of our hospital makes? Not for profit...$1 Billion dollar company.

The bounds of your ignorance are limitless - you've got that going for you!

I'm sure it's less...but does your hospital charge uninsured patients far more than it charges the behemoth insurance companies that can afford the bills? If so, how is that justifiable?

 

[alchemize]

Originally posted by: astrosfan90

Originally posted by: alchemize

Originally posted by: dmcowen674

Originally posted by: astrosfan90

Originally posted by: dmcowen674

Originally posted by: astrosfan90

Originally posted by: Pens1566
I'd be interested in hearing Sen. Frist's take on this.

I'm missing something here. Has he been working on legislation relating to this or something?

Are you a Texan???

Frist makes a ton of money off the current corrupt system you suddenly do not like.

Ahh. I lived in Houston for a few years as a kid, right around the time I was old enough to appreciate baseball. My loyalty to the Houston Astros is about all the Texan legacy I can claim.

It's not that I "suddenly" don't like the system, I just stumbled across some articles from a while back lately that have really made me think about this issue, and it kinda bothers me. I guess it's one thing when we're talking about for-profit groups, but when it's non-profit groups doing it, it just doesn't seem right.

Well only lesson I have for you here that there is essentially no difference between profit and non-profit Hospitals or Corporations.

Only the manner in which the profit is paid out used to be different but Republicans have changed business laws that there is no longer any difference. Enjoy

Dave,

Guess how much the President of our hospital makes? Not for profit...$1 Billion dollar company.

The bounds of your ignorance are limitless - you've got that going for you!

I'm sure it's less...but does your hospital charge uninsured patients far more than it charges the behemoth insurance companies that can afford the bills? If so, how is that justifiable?

The charges are the same, it's the discounts that are different.

Uninsured patients can then apply for charity care. The care is then discounted or wavied all-together based on their income level.

 

[Meuge]

Originally posted by: astrosfan90
I've been mulling this over, and it really bugs me. I've heard time and time again about people getting charged 2x or 3x the price for medical care if they are uninsured (as compared to what an insurance company pays), and it bothers me. What bothers me even more though is the fact that while the middle class folks who can't afford medical coverage pay these insane prices, the executives of these NON-PROFIT hospitals are making seven-figure salaries.

And that is that bothers you?