Talk of The Villages Florida - View Single Post - TV emergency room
View Single Post
 
Old 05-07-2013, 06:23 PM
shcisamax shcisamax is offline
Sage
Join Date: Feb 2012
Location: CT
Posts: 2,532
Thanks: 1
Thanked 5 Times in 5 Posts
Default

[QUOTE=twinklesweep;672815]

For example, let’s say a simple blood test costs $40 but that the health insurance companies have negotiated with the lab to pay but $4 for that test, that is, 10%. How can the lab stay in business, as it has to maintain the facility where the blood is drawn as well as that where the blood is processed, plus all the paperwork associated with filing claims as well as providing physicians with the test results? If this is the case, then who pays $50 for this test? Only the uninsured….


YOU ARE ASSUMING THAT THE BLOOD TEST WAS ACTUALLY PRICED CORRECTLY AT $40 AND NOT $4.