September 16, 2019 Why Medical Bills In The US Are So Expensive By William Claassen Articles, Blog 78 Comments Related posts: How Canada’s Universal Health-Care System Works How Amazon Could Disrupt Health Care 🏥 Why is US health care system so expensive? | Why are medical bills so high? The Stunning Drama Of Killing The GOP Health Care Bill | All In | MSNBC Tags:aca repeal, and, breaking news, business news, cable, cable news, CNBC, finance news, finance stock, financial news, healthcare costs, hospital bills, medical bills, medical costs, money, money tips, news channel, news station, prescription bills, Stock Market, stock market news, Stocks, that, the, us news, why are medical bills so expensive, why is healthcare so expensive, world news About Author admin 78 Comments pistol shrimp If you want free healthcare move to a country that has it. Nobody's keeping you here August 22, 2019 Reply alex Cooper I love the fact that i dont have insurance good luck billing me im broke 😭😂🤣 i mean she does have a nice 2story house at least she owns shes a rich middle class fam that can't pay 3million bahahah August 22, 2019 Reply alex Cooper I pay for medicare in taxes but can't use it till im like 67 if i live that long ill be dead at 30 tho in 5yrs thus ill work the rest of my life away August 22, 2019 Reply alex Cooper Whaaaat else is new pple put profit over pple August 22, 2019 Reply alex Cooper So let the kid die then if u can't afford it or give it up for adoption August 22, 2019 Reply alex Cooper Its funny because i pay for police fire and ambulances through taxes in my paycheck yet i still gotta pay em when they pick me up and drop me off at hospital dayum they get double paid i only get paid once August 22, 2019 Reply Angela Lycos2.0 So, in other words, there's really no reason for it. August 22, 2019 Reply MrApplewine Airplane tickets and hotels for hospitals are not covered by insurance either. August 23, 2019 Reply lilli I know in Europe health care should be cheaper, unfortunately this is not always the case. Health public system is collapsing. Too many old people and illegal immigrants to take care of. I have a rare genetic disorder and I didn't get any help from the public health system. I had to pay for a very expensive DNa test in USA and many people in USA didn't pay for the same test and some of them didn't have insurance. There is support for people with genetic disease. For pompe disease for example the USA government pays a very expensive treatment. Eventually I've got a diagnosis in USA. if you have a rare illness in Europe doctors are not doing their job. In USA you pay them but at least they are doing what they are supposed to do finding what is the cause of your illness. Not sure how young people will able to get medical treatment here in Europe. It seems to me that there will be so much poverty that only a few privileged ones will get treatments. It will be like a third world country. I hope I am wrong. August 23, 2019 Reply Veysel Macit that colchicine prices is less then 2$ in turkey and this pill isnt patented by someone. i have just looked the price in us 230$. it only shows that market is oligopoly. So, my suggestion to us citizens should think about liberal socialism. August 23, 2019 Reply Just Go Travel I been a expat several years with medical insurance – when I go to the hospital and they know I am covered by insurance I get the feeling I get over billed by the hospital. August 23, 2019 Reply Offshore Citizen Honestly, it makes a perfect sense for an American to travel abroad and pay for medical services there. Depending on your situation, your costs of getting treatment abroad may be significantly lower than in the US. We'll see medical tourism industry flourish in the next decade. August 23, 2019 Reply Chief Beef I got insurance so idc August 23, 2019 Reply Ed Kaempf I guess CNBC would like companies to just give away their services for free. I think CNBC does not understand how business works. A company invests in processes, technology, and people, and customers purchase the services or products from that company. I think CNBC really dislikes some industries because they won't give away their services and products for less than it costs them to deliver these services and products. August 23, 2019 Reply Manuel G And that's y I never paid a medical bill ..never have n never will… August 24, 2019 Reply Manuel G American's stop wasting ur money in this country when they don't care but ur health…best way to get real help is to go to other countries..with the money u pay here can go on plane trip get meds n still have money left…its the truth I get all my family meds out of country…yr better off… August 24, 2019 Reply Manuel G I tell u what..if my child die bcuz high prices for meds ..eye for n eye .tooth for tooth…simple as that…n won't stop to someone stop breathing…playin wit ppl lives is something the government don't care bout… think bout it… August 24, 2019 Reply youngsamuel1 Because the government has their hand in everything August 25, 2019 Reply PandemoniumMeltDown The issue with health care is the care part, which is a lie, medical corps does not care. August 25, 2019 Reply Тайбирияс Чайковский Consider leaving the u.s. because of their stupidiotic health policies. August 26, 2019 Reply Joshua Greene TN is aweful…local hospitals closed and/or closed..Fentress closed 2 months ago, so many poor folks without any help.. August 26, 2019 Reply David Hill Let's say my income is $50,000 pa here in Australia ..my medicare levy bill would be $1000 pa that covers me for my healthcare so I never have to worry . I say it is a pretty good deal August 28, 2019 Reply Metal Videos and thats why we have health insurance in the netherlands or in europe for that matter. there are even 3rd world countries who have a better system then america lol. a transplant cost me nothing. well 385 euros own contribution. but thats literally it. point is its like americans dont want anything better as well. why? well if they dont vote for a person like bernie sanders who does want to have a european health care system. then they dont want to have anything changed as wel. americans dont like to be social. and with that you will not have a social health care system as wel. americans dig their own grave. but they dont know it yet. thats how ignorant they are August 28, 2019 Reply Nonso Okonkwo And they are surprised by America is becoming Browner, Americans don't wanna accept that she's no longer attractive to European immigrants because of the bad social safety net, Improve your Social Safety net and Whites will emigrate, America is only attractive to 3rd world Citizens, no Norwegian or German would ever emigrate to US in this age. August 29, 2019 Reply Nonso Okonkwo Even Israel have Universal Healthcare, why not follow Israel? August 29, 2019 Reply Nonso Okonkwo Love your neighbor no matter his colour, August 29, 2019 Reply Aaron Wantuck It cost me out of my own pocket a little over $7,000 to have my son born and that was with insurance. August 29, 2019 Reply shahad America should learn from the uk August 30, 2019 Reply HEALTHCAREONOMICS Want to know why these outrageous bills get paid by insurers? Because ever since the Affordable Care Act was passed, health insurance companies have been paid.on commission: https://www.youtube.com/watch?v=cds5Pgi3ZwE August 30, 2019 Reply kom452 Ah yes, let's blame it all on capitalism. Nevermind that it's government intervention through over subsidization and over regulation that's increased costs. Nevermind that healthcare costs blew up after Medicare and Medicaid were introduced. Nevermind that Americans are horribly irresponsible when it comes to their own health, which raises demand and creates inflation, and that universal access would only make this worse by removing consequences. Nevermind that citizens from countries with universal healthcare come to America for cancer treatment because a competitive environment creates the most innovation. Nevermind that America has waiting rooms whereas universal healthcare systems have ticket booths for their queues. Nevermind that their medical practitioners are overworked, or that the increase in demand from """"free"""" healthcare causes inflation, or that some need to outsource their practicianers because they're so overwhelmed, or that Swedish economists have labeled universal healthcare a "social experiment" failure, or that they have some of the highest debts per household in the world due to socialist programs. No, no, let's blame it all on capitalism. August 30, 2019 Reply Megha Pratapwar the whole video I just wanted to give that mom a hug August 31, 2019 Reply Ana Mae It's sad. Even your hospital stay is determined by your insurance, not by your doctor. August 31, 2019 Reply Negrodamus I feel sorry for these people. I've lived in the US for 20 years now and I've never received a bill from any surgery or doctors appointment. Have any of these people thought about getting state insurance instead of private insurance, that is common sense if you think you'll be needing hospital care often. August 31, 2019 Reply Vlad Tepes human life isn't profitable, till waterprice finally rises. August 31, 2019 Reply Adam Jankowski At what point do you consider yourself to be a burden on society? Feelings will be hurt, people won’t like the answer, and some people will be allowed to perish. September 1, 2019 Reply Tristan Thomas I think I'm quitting sugar. The medical bills are too expensive. September 1, 2019 Reply Wentao Feng American Healthcare expensive? YesAmerican Healthcare efficient? HELL NO!!! September 1, 2019 Reply Madison County Sound Labs The American healthcare system is in the process of collapsing. That’s a good thing. I’m rather conservative on many things but to not have universal healthcare for our citizens is not only devastating but also a travesty. A country that cannot and will not take care of its citizenry’s basic health needs is destined to fail. Notice I said our citizens not the undocumented. September 2, 2019 Reply Ben Brio Has anyone ever thought of a more holistic approach? Vegan lifestyle, meditation, fasting. Increasing the bodies own immune response to heal itself would drastically reduce cost for everyone and possibly take out the need for pharmaceuticals all together. September 2, 2019 Reply Nosuuddo Her head is 2/3 of her body wtf mrs bobble head September 3, 2019 Reply madii lee thank god i live in canada.. i’m so sorry for americans who can’t afford their own health care September 3, 2019 Reply Mohsin Ahmad America is a fantastic country with fantastic opportunities great people but it's an absolute disgrace that they still charging their own citizens to pay for healthcare it's just a disgrace September 4, 2019 Reply Joey Prince Here in America you either live with a bullet in you or u live as the if the bullet is in you. Pick your price September 5, 2019 Reply Thomas J.B. What system has served the costumer the best? What system has reduced prices, increased quality, and mass produced new ideas to everyone willing to accept the system? Free market capitalism September 5, 2019 Reply juste kevin In my eyes the US is the most developed 3rd world country I'm from France and in France universal healthcare is a given, no party still argue about it, we have that healthcare system since just before WWII. You are the only developed country with an average lifespan decreasing, you are the only developed country with a percentage of child mortality that high, you are the only developed country with 40% of obesity, you are the only developed county where you can go bankrupt because of being sick, you are one of the only developed country with where you need to sell your organs to get an education, you are the only developed country with an homicid rate that high 5.0 per 100k inhab and the second highest of the develeped world is israel with 1.9 per 100k inhab ( if you take isreal as a developed nation),you have the most expensive and ineffective healthcare its almost two times more expensive than the french one, yet you still want to keep it for some unknown reason. September 5, 2019 Reply Jeannette Dickson We had to use a taxi to get my husband because we couldn't afford ambulance .thank God he didn't bleed out. September 5, 2019 Reply Joe mariconadas Government medicare isn't the best answer either, because all those costs are uploaded and dumped on the taxpayer. Hospitals and doctors will try to milk the system even more as decisions are made by politicians FOR POLITICAL BENEFITS. It will turn into how it was in the Soviet Union. Waiting lists for everything and a GIGANTIC bureaucracy that swallows up the money. European countries are a good example. They have a mixed system and spend less money than the USA. September 5, 2019 Reply iamafractal "There is no magical solution." that is incorrect. simply vastly restore government-funded open-source public domain R&D. completely subsidize medical labs making public domain drugs and medical equipment. give everybody qualified a full-ride scholarship to become a doctor or researcher. ban insurance companies and for-profit drugs… take all the researchers who get paid little anyway, from the for-profit drug companies, and give them their own open-source public domain labs to continue their research. it's really easy, actually. September 5, 2019 Reply John Webb She’s lucky that her baby was born in America and insurance picked up the Bill,if it was the NHS in UK they would have let the little baby die.Social medicine in Europe is a disaster.It was a good idea in the 50,s and 60,s now we have the lowest standard of medical care in Europe,Even Romania or Poland is better.America’s idea was good but the greedy doctors,hospitals and drug companies were let get out of control. September 5, 2019 Reply Ducan Ralf OMG,Checkout my free healthcare experience in RUSSIA on MY CHANNEL. I still believe country’s need to protect their citizens with free healthcare 💪🏿 September 7, 2019 Reply TwoWingsStudio The USA does not have a health care system. It has an insurance industry, which is entirely different. To say that the health insurance industry is a health care system is akin to saying that your auto insurance is your car care system. September 7, 2019 Reply rohan sharma I hope the kid lives a long, happy, healthy and a debt free life. Stay strong little fighter😃 September 8, 2019 Reply EA 333 In theory, free-market capitalism should have made the prices go down. Except that for some reason, it didn't. Why? Well, first, let's start with the lobbyists who are majorly from health insurance and pharmaceutical corporations, and a lack of government oversight that allows them to charge $200 for a drug that was produced for $2 and would cost no more than $20 in a normal Western country. Then, hospitals trying to profit as well from the situation by buying from those same corporations and reselling at an even higher price, so that $200 medication from the pharmaceutical company becomes a $600 medication in the hospital; also, the complete lack of price transparency at hospitals which can charge (eg. from Mayo clinic's website) anywhere from $200k to $19 MILLION for a heart transplant, and that's how they operate for any service provided; the lower charge will go to medicare and medicaid people, but if you have a private insurance, or God forbid, are uninsured, you're screwed. When you come to the hospital in a coma, passed-out, scared, anxious, you don't have time to think about the price, and that's how they rip you off your savings. Finally, the human nature: when a $1000 new iPhone is too expensive for you, you just won't buy it, but when your health is at stake, you will do anything possible even if it's to live one more day. If a shot of insulin costs $1000, you'll buy it… if it costs $10,000, you'll sell your car and buy it… if it costs $100,000, you'll sell your home and buy it… if it costs $1,000,000, you'll rob a bank and buy it. And that, my dear Americans, the insurance companies, pharmaceutical corporations, healthcare facilities and doctors know it! And America is not ruled by capitalism, it is ruled by corporatism (monopolies and oligopolies), and all of that has been achieved through lobbying. September 8, 2019 Reply NedAlien16 America is a shitghole country. I think it is fairly obvious at this point. no one truly owns anything or can afford anything. September 9, 2019 Reply khoo boo beng Heartless doctors, insurance companies and investors.! Try to make as much money as possible. God gives them intelligent in medical care to help others in need of health. But they abuse God's gift of intelligent to enrich themselves at people's expenses. If you don't have a compassionate heart don't come into medical care to bankrupt others. Evil capitalists. Go invest in making toilet papers better. September 9, 2019 Reply Johnny Marco Don't have kids. Problem solved. September 9, 2019 Reply Thomas Jefferson I would've moved to Cuba. September 9, 2019 Reply Lucia Casucci And even if you have insurance they will trick you with all the terms and conditions. Healthcare is all based on ROI September 9, 2019 Reply Gerry de la Cruz When the medical industry is regulated, the US economy will collapse. That is how large money is involved in the medical and pharmaceutical industry industries September 10, 2019 Reply Jori Boeckman Where was Saint Jude's? Medical industry puts us in a position to chose our health or put a roof over our kids heads…..so wrong!!! September 11, 2019 Reply David Trujillo I am so disgusted September 11, 2019 Reply Prittsy Hospitals and doctors are not a free market. Medical in America is a nasty mix of free market and socialism. Doctors and hospitals are constantly committing fraud. Charge you the price of a box of gloves when they used one pair, etc. Doctors with patients on federal/state paid medical hit the jackpot and schedule countless pointless test and procedures. Hospitals say they are losing so much money yet the doctors are driving $200k cars, live in a $800k house, etc. Free medicare for all will be a wide open door to give that doctor a $300k car, $1.5M house over night. September 11, 2019 Reply Pigo man 65 Soon if you breath the air of the hospital they will charge you September 12, 2019 Reply Tanuj Kumar If any transplant is possible in India.Get a ticket to India September 12, 2019 Reply A. L. Michael Please vote for a president who’s fighting for universal healthcare next. I don’t care if you think that makes us a socialist nation or whatever. We have to do better than this. This is coming from a person who grew up with a very sick mother who couldn’t afford her medication. I even had my tonsils removed once and couldn’t afford the antibiotics. There just has to be a better plan. And I will pay higher taxes if it meant that no one had to suffer for their medical bills again. We are all one. We have to look after each other and do better. September 12, 2019 Reply Hal Spaniard here. Past year, a friend of mine was diagnosed a severe heart condition and had to undergo surgery and get a heart transplant. Lots of diagnostic tests, the surgery, then a ton of meds and follow-up visits and whatnot. He paid 0€ out of his pocket for all that (he only pay for his meds, around 40€ per month). This same scenario in the US would have ended with a … 500k? 700k? 1m? bill and my friend bankrupt for life. Bottom line: The US is a great country (and I mean GREAT) for the wealthy. Me being middle class, I'd rather stay in Europe. September 12, 2019 Reply Summer Of Sam Summer Of Sam A few years ago I had a base case of the flu. I went to my doctor and he prescribed me Thamaflu. I went to the Pharmacy to get it and they at first thought I did not have insurance. They wanted to charge me $700 for it. Then they realized they made a mistake on the order and realized I do have insurance…… $50 bucks. Uhhhh okay! September 12, 2019 Reply Bradley Pollack Easy to deal with! Socialized Medicine! Just like 90% of the 1st world countries! My insurance company is Bankruptcy. I can’t afford Health insurance and my company doesn’t provide it. This proves how F**ked up this country is. September 13, 2019 Reply mehboob mangera The biggest ripoff September 13, 2019 Reply mehboob mangera Go to cuba very good doctors September 13, 2019 Reply yulianto rahardjo essentially, if we are poor, do not sick or die, the bill will be enormous September 14, 2019 Reply IrelandVonVicious How it works:Hospitals charge insane prices.They then turn around and give insurance companies huge discounts.If you show up without insurance you are screwed.The insurance companies then charge you insane prices and say look how much money we save you when you go to the hospital.It's just one big scam and they are all working on it together.Now we have insurance company owned hospitals and places you can get care that will only deliver services at a fair price if you don't have insurance but none of those places are hospitals.Let us not forget all the kick backs to the politicians that not only allow it to happen but help make it happen.Why can't I just go to a guy who has a one year education on setting broken bones if I break a bone? It's illegal that's why. September 15, 2019 Reply Robert aponte 50,000.00 for a 3 day stay for alleged heart attack. Went back 3 weeks after released and they told me I didn’t suffer any heart attack after all and went by the blood test results but still changed the money 🤷♂️ Welcome to American heath care !!! 💰 September 15, 2019 Reply Robert aponte Prayers for this mother and what she is going through 🙏 September 15, 2019 Reply Letta Mego The health care insurance CEO's in the USA each get more in annual bonuses than they will pay for heath care for a person their whole lifetime.. We pay, and pay, and pay..and still have the poor medical care and the worst health of all the rich countries.. Our Government does not protect the environment for the safety and health of it's population because they have nothing to lose. The health care insurance companies…use our high health care insurance payments to lobby against us instead of using it for our health care.. September 15, 2019 Reply Centreville Patriot I thought OBAMAcare took care of lowing cost? Remember? “Bending the cost curve” September 16, 2019 Reply Shion Moon Being poor is a sin. . ...? September 16, 2019 Reply Martin Frison Us system its excellente when you have cash and everything go well September 16, 2019 Reply Add a Comment Cancel reply Your email address will not be published. Required fields are marked *Comment:*Name:* Email Address:* Save my name, email, and website in this browser for the next time I comment.