Some rural hospitals used for big insurance reimbursements thanks to loophole

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A CBS News investigation has uncovered a scheme that could make insurance premiums even higher. The scheme involves some rural hospitals that are being used to set up big paydays from providers. CBS News national correspondent Jim Axelrod explains.

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  1. CBS Evening News
  2. rural hospitals
  3. insurance
  4. premiums
  5. providers
  6. Health
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This is sickening, a hospital should be in every rural town🤬😑

bohemianchic
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Sad though that these small town hospitals are closing across the country and people are having to travel 30 minutes when they need hospital

SgtJoeSmith
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Try living in kansas the nearest hospital is 30 minutes away by highway so I really don’t feel sorry for them

michaellewis
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Mission Memorial Asheville.. Audited for it.. Caught.. CEO fired.. They still do it

lostchild
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Very good reporting. Best of the year so far for CBS. I'm impressed. There are many more shady deals out there in hospitals, insurance and specialty fixer firms. The fundamental flaw that makes this possible is all the fake prices for services/tests that insurance companies and health firm concoct for the paperwork and the report to patients. That builds a fertile ground for thorny weeds like this to grow and choke medicine.

Prices need to be simple, flat rate, public (as in the price printed is the price paid and no funny business) and these prices need to be competitive. Medical procedures NOT covered by insurance have actually and drastically COME DOWN in the last decade due to open competition. Those coveted by insurance have tripled, as every grubby middleman wants his cut and wants a 15% increase over last years cut.

Take em down CBS. We don't need the ACA. It didn't help anything, just made it worse and more confusing. We need to eliminate bank corp owned medical insurance all together and pay for medicine out of pocket, with government backed low interest loans to pay for major services, and Medicare SSI needs to just pick up catastrophic coverage when over 10% of your gross income is charges in care.

STho