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89% 26 PAa 18
That's a heap of money. The $60 million has got to be
paid back $3 million a year, and Iredell Memorial says
they will pay back $2 million and Lowrance a million each
year. In order to do that, they need to raise their
patient costs 147 per year, which means that in two years'
time, in five years' time, the patient costs will double.
Now if the patient costs per day today is $250 a day,
that means in a few years' time, the patient costs will
be $500 a day.
Now what does that do to your insurance premium?
Most of you have Blue Cross -Blue Shield, or some similar
coverage and where you work, you are paying about $100
a month premium to cover your family. it simply means
you are going to pay $200 a month, and you folks that
are the employers, it's going to double the portion that
you pay.
Now, you won't be able to complain about your
hospital bill. Let's say that you take your wife to
the hospital four years from now, and she's there
five days. And when you get her out, your bill is $10,000.
Now think about that. And you say, this is terrible,
and you take the bill down to the front office and you
say, This is too much. Do you know what they're going
to tell you? They're going to say, Now back in November 1982