Tom Price’s Plan To Destroy Medicare: “Balance Billing” Seniors Into Bankruptcy

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“Balance Billing” Seniors Into Bankruptcy

Like nearly all of Trump’s nominees, Price is overtly hostile to the agency he has been designated to lead. His nomination was supported by the American Medical Association (AMA) because, contrary to what many Americans may believe, the AMA is traditionally a Republican- leaning organization made up of nearly a quarter of a million physicians whose financial interests are one of its primary motivators.  In particular, both Price and the AMA are on the same page when it comes to a practice known as “balance billing.” 

It’s the practice of billing the patient for the difference between the sticker price and what insurance will pay. So if a hospital visit costs $1,000, but your insurance will only cover $300, some providers will “balance bill” you for $700.

 

 

 

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