(Raleigh, N.C.) – North Carolina State Treasurer Dale R. Folwell, CPA, released a report that shows extreme variations in hospital prices, huge price markups from Medicare rates, and widespread failures in price transparency.
The report’s findings raise troubling questions about health care access and affordability, and North Carolina’s justice system. The report found massive disparities among hospital prices, and failures in price transparency that have crippled patients’ ability to protect their financial health. This is especially troubling given an earlier report found that North Carolina hospital systems sued 7,517 patients over medical debt, using the court system to charge interest on medical debt judgments and to place liens on family homes. When patients tried to fight back, they argued that they could not even tell whether they had been charged a fair price.
Read the full Report:
