Talk of The Villages Florida - View Single Post - Don't Like The TVRH-ER Now? It's Going To Get MUCH, MUCH Worse...
View Single Post
 
Old 06-12-2013, 11:56 AM
Dr Winston O Boogie jr's Avatar
Dr Winston O Boogie jr Dr Winston O Boogie jr is offline
Sage
Join Date: May 2012
Posts: 7,940
Thanks: 1
Thanked 2,157 Times in 772 Posts
Default

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.
__________________
The Beatlemaniacs of The Villages meet every Friday 10:00am at the O'Dell Recreation Center.

"I never considered a difference of opinion in politics, in religion, in philosophy, as cause for withdrawing from a friend." - Thomas Jefferson to William Hamilton, April 22, 1800.