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Political Factoid
For years, hospitals* have used their
listed "charges" (sorta like list prices)
... rather than the price they
typically get "paid" under contract
with the insurance companies,
including Medicare,
... let alone, their actual
"costs"
... as the basis for calculating
how much they can claim as
a charitable tax "write off" when
patients can't pay a bill.
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Likewise for doctors, pharmacists, laboratories,
and most other medical providers.
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