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Hospitals Taking Advantage of the Poor

  • June 17, 2004

Half of the personal bankruptcies filed last year were due to large medical expenses. Paul Pilzer, a prominent economist, shared with me that he suspects hundreds of thousands of these Americans could have paid their medical bills if they were not (literally) three times the price that the same hospitals charge their insured patients. Effectively, the uninsured (mostly poor and minorities) are charged two to three times the price for the same service. His interest in the rich-poor...
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