ST Alpha - "If I'm not mistaken the bigger # is their quoted cost and the lesser # is the negotiated "Good Guy" rate the insurance has pre-negotiated." (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Down to Post

Backboards:

Posts: 165

In response to "What is the hospital billed/discount bit" by Karl_S

If I'm not mistaken the bigger # is their quoted cost and the lesser # is the negotiated "Good Guy" rate the insurance has pre-negotiated.

Posted by howie (aka howie) Jun 28 '12, 19:29

In other words: The big # is what you pay if you have no insurance, but my insurance company has the clout to get cheaper rates for their customers.

So if I didn't have insurance, 4 days in the hospital would cost as much as 4 years in some colleges.

Responses:

I'm in the wrong business, they may aswell print money with those rates -- nm - Karl_S Jun 28, 20:13
It's the same in pharmacy. Cash prices (especially for generics) have a rather large markup. - Tim Jun 28, 19:47
Plus you had that coupon. -- nm - Cuzzin Todd Jun 28, 19:40 2
- It was part of their "Ortho-Madness" tent surgery sale (nm) - howie Jun 28, 19:47
- Groupon ftw! -- nm - Tim Jun 28, 19:45

Post a message top

If I'm not mistaken the bigger # is their quoted cost and the lesser # is the negotiated "Good Guy" rate the insurance has pre-negotiated.

Replies are disabled on threads older than 7 days.