“Cost-shifting takes place in the form of two insidious scams, patiently described to us by Dr. G. Keith Smith, an Oklahoma City MD who’s doing his level best to undermine the practice. The first scam is called ‘uncompensated care.’ The second scam involves the insurance scheme known as preferred provider organizations, and is called ‘PPO re-pricing.’ What is the actual cost of that ‘$100,000′ procedure? About $7,000-8,000. For everything. Including the facility, surgeon and anesthesia charges. That’s what Smith would charge you at his outpatient surgery center in Oklahoma City… a lone outpost of ‘price transparency’ within U.S. borders.”
http://dailyreckoning.com/why-you-should-take-your-health-into-your-own-hands/
