Eric Ferguson of Mooresville, NC was given a bill for $89,000 by Lake Norman Regional Medical Center, which treated him for a venomous snake-bite last August. Included in the itemized bill from the hospital was a $81,000 charge for four doses of anti-venom -- the same anti-venom that can be had on Ebay for $750. The hospital and Ferguson's insurer settled for $20,227, of which Ferguson paid $5,400.
Ferguson does not fault the standard of care at the hospital ("beyond phenomenal"), but he is understandably curious about the $80,000+ markup on the medicine with which he was treated. The hospital itself is already under investigation for overbilling. Read the rest