HCCI’s President and CEO Niall Brennan was recently quoted in a ProPublica article on extremely high coronavirus test billing rates by out-of-network providers.
From the article: “The SignatureCare charges shocked experts who study health care costs. Charging $2,479 for a drive-thru COVID-19 test is a ‘nauseating’ example of profiteering during a pandemic, said Niall Brennan, president and CEO of the Health Care Cost Institute, a nonprofit organization that studies health care prices. ‘It’s one of the most egregious examples of giving the fox the keys to the henhouse I’ve ever seen and yet another example of the absurdity of U.S. health care pricing. Imagine a vendor in any other walk of life being allowed to bill a third party for whatever amount they wanted,’ Brennan said.”
How a $175 COVID-19 Test Led to $2,479 in Charges — ProPublica
A global pandemic ravaging America is no time to forget the first rule of American health care: There is no set price. One out-of-network medical provider in Texas seeks permission from patients to charge fees as high as six-figures to their insurance.
https://www.propublica.org/article/how-a-covid-19-test-led-to-charges