The Hospital Tried To Charge $3500 For A $400 Procedure! 💸😡 #shorts #hospital #insurance #podcast
If you pay attention to my posts on here, you might've seen my story about taking my son into the ER.
On today's episode, I got Dr. Keith Smith's opinion on the situtation.
After my son got a breathing treatment, I received a $3500 bill that was coded as "Level 4".
Dr. Keith Smith said it should be a "Level 1", which should cost $400. Almost a 9x markup.
In a free market, and a capitalist country like America, shouldn't hospitals be incentivized to provide great service at a great cost, hoping to win repeat customers?
This $3500 "hit-and-run", as Dr. Keith Smith called it, isn't winning any business.
We dive into this and so much more on this week's Self-Funded with Spencer, available now on Spotify, YouTube, Apple Podcasts, and wherever you listen to podcasts.
