Funny, I just opened another medical bill. This one is from a radiology company where I had some x-rays done.
The bill reads like this:
Xray Chest - 2 Views $88.00
Insurance Check $12.55
Insurance Write Off $60.45
Co Pay Due $15.00
The company gets $27.55 for a procedure that they charge $88.00 for. The reason that they charge $88 in the first place is that they know that the insurance companies are going to require a 69% discount. A person without insurance will pay $88.00.
I have been saying for years that this is a major factor in driving up the cost of health care and making it impossible for people without insurance to pay for. It's volume discounting run amok.
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The Beatlemaniacs of The Villages meet every Friday 10:00am at the O'Dell Recreation Center.
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