D
daeve
Guest
This was way too complicated for me.absolutely notabsolutely not built by humans for humans Good decision ‘hum lets say this happens to someone else and we deny them. They have a premie with sever lifelong problems so mom never works again and dad can not pay those bills either. So lets be calus and pretend it is about money.
Your wife may work 30 years @ 30k @40% taxes that is $360,000 in taxes
And the son he works 45 years at 45k @ 40% taxes that is $810,000 in taxes
Now the other folks
That wife may work 0 years @ $0 @ 40% taxes that is $0 in taxes
And that son he works 0 years at $0 @ 40% taxes that is $0 in taxes
Looks like we made a good investment in your son?
A couple of years ago the actual cost was 40-48% of the billed rate so the care your son received cost about $52,000-$62,000 the rest is inflated markup to allow for insurance discounts ( typically 30%), and covering uninsured* patients.
So in summary we (taxpayers) laid out about $60k and we will recieve more than a million dollars for it.
*Even if never paid this inflation allows for a larger tax deduction for the hospital