I just learnt about nearby hospital's "uninsured patient discount" policy document that states:
The Uninsured Patient Discount will not apply to any item or service provided to a patient for which the Facility is required to collect a co-payment, coinsurance or deductible.
It seems that there is no low income requirement to qualify for this discount.
Do I understand correctly that for someone who went to ER and incurred $2,000 hospital bill:
- If he or she was under HDHP, then they would need to pay whole $2,000 as they would be ineligible for "uninsured patient discount"?
- whereas if he or she was uninsured, then they after 40% discount would need to pay only $2,000*60%=$1,200.
So, in other words, the break even point when HDHP makes more sense than simply being uninsured is actually much higher than
deductible+premiums as uninsured patient discount also must be taken into account? Or am I missing something?