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2on2u

(1,843 posts)
2. I wonder how they can afford to sell off the debt for such a fraction.... then I think about a
Thu Nov 15, 2012, 03:21 PM
Nov 2012

hospital charging 140$ for a tylenol, or 1000$ for a toothbrush and it all makes sense.

http://am.blogs.cnn.com/2010/03/01/health-care-prescription-for-waste-1000-toothbrush/
Health care – Prescription for waste: $1000 toothbrush

Editor's Note: All this week, in the American Morning original series "Health care – Prescription for waste," we're examining more waste in the health care system – and this time it could involve your money. Today, a medical billing advocate shows our Elizabeth Cohen some of the wasteful charges she's seen in bills. And tomorrow on American Morning, we go shopping for health care to show you how you can save hundreds when it comes to your own medical bills.

(CNN) – Imagine someone spending a thousand bucks for a toothbrush. It might be amusing – if it wasn't your money. Consider this: for every dollar we spend on health care, fifty cents is wasted.

Bookmarking for later. Thanks! Lucinda Nov 2012 #1
I wonder how they can afford to sell off the debt for such a fraction.... then I think about a 2on2u Nov 2012 #2
I've commented before that hospitals in general Puzzledtraveller Nov 2012 #5
Getting tin, paying for platinum, makes sense to me. n/t 2on2u Nov 2012 #6
They also took advantage of companies like GM, but the workers took all the blame. justice1 Nov 2012 #19
Also people without insurance PA Democrat Nov 2012 #14
It is written off by primary creditor, resold at a fraction to secondary credit market. SomeGuyInEagan Nov 2012 #32
Spam deleted by gkhouston (MIR Team) Dubster Nov 2012 #3
This is truly amazing to see sdfernando Nov 2012 #4
This is their killer app. mahatmakanejeeves Nov 2012 #7
I intend to donate. silverweb Nov 2012 #8
That's what I'm doing. The money I donated each month to political AllyCat Nov 2012 #31
^5 silverweb Nov 2012 #33
Wow. aquart Nov 2012 #9
I absolutely love this!! SalviaBlue Nov 2012 #10
Giddy! TheAmbivalante Nov 2012 #11
My god, that is brilliant. That's really brilliant. nt Poll_Blind Nov 2012 #12
+1000 sheshe2 Nov 2012 #20
Wonderful! myrna minx Nov 2012 #13
I'm probaby missing something. StrayKat Nov 2012 #15
Because they're trying to give desperate liberalhistorian Nov 2012 #16
"Because they actually have a heart and are thinking of people first and not money?" AllyCat Nov 2012 #30
I believe the idea... kag Nov 2012 #17
Thanks, Kag StrayKat Nov 2012 #21
In addition to what everyone above this has already said, consider administrative costs Bibliovore Nov 2012 #22
Restoring Credit StrayKat Nov 2012 #23
Yes, always paperwork (but see questions below) Bibliovore Nov 2012 #25
I don't know. StrayKat Nov 2012 #34
K&R Cooperation over coercion, what a great idea! n/t Egalitarian Thug Nov 2012 #18
Rec'd Kaleva Nov 2012 #24
This is so beautiful. I wonder how the greed machine will try to stop them. joanbarnes Nov 2012 #26
In either case, payoff to Occupy with debt write-off jerseyjack Nov 2012 #27
having something on your credit that is paid is a huge boon compared AllyCat Nov 2012 #29
I donated some money to these fine Americans earlier this week. AllyCat Nov 2012 #28
Donating Aquariuswolfe Nov 2012 #35
Welcome to DU! hrmjustin Nov 2012 #36
http://rollingjubilee.org http://strikedebt.org Agony Nov 2012 #37
I thought OWS did not want to support Wall Street? happyslug Nov 2012 #38
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