In the most recent episode of his truTV show “Adam Ruins Everything,” comedian Adam Conover explained how hospitals massively overcharge patients by using a secret book called the “chargemaster.”
“American hospitals overcharge patients massively,” Conover states. “The chargemaster is a secret document full of insane prices that hospitals use to charge us whatever they want.”
Conover explains how hospitals created the “chargemaster” in response to the rise of insurance companies, which demanded big discounts from hospitals. The insurance companies got their discounts, while Americans got hit with the price hikes.
“The rub, of course, lies in if you are uninsured,” Conover states. “If you don’t have insurance, you ACTUALLY get charged these ‘fake’ prices!”