Here's an important warning about Medicare payment (or lack thereof) for patients who are hospitalized merely "for observation." It can end up surprising senior citizens with thousands of dollars in unpaid medical bills -- bills that are the patient's responsibility.
http://www.nbcnews.com/video/nightly-news/54026469/#54026469
I'm guessing this is just a symptom of things to come as the working population dwindles and the ranks of Americans on Medicare and Medicaid continue to swell.
In the case described in this video, long-term care insurance probably would have helped the patient to some extent.
But with or without such insurance, it's up to each of us to pay attention -- especially if we hear the word "observation" being bandied about.
http://www.nbcnews.com/video/nightly-news/54026469/#54026469
I'm guessing this is just a symptom of things to come as the working population dwindles and the ranks of Americans on Medicare and Medicaid continue to swell.
In the case described in this video, long-term care insurance probably would have helped the patient to some extent.
But with or without such insurance, it's up to each of us to pay attention -- especially if we hear the word "observation" being bandied about.
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