ST Alpha - "This is less true. The overwhelming majority of their services will be covered by insurance." (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Down to Post

Backboards:

Posts: 155

In response to "also, this scenario explains why the procedure costs a $1000" by tRuMaN

This is less true. The overwhelming majority of their services will be covered by insurance.

Posted by TFox Jul 21 '09, 07:23

To agree to an arrangement in aggregate where the insurer gets access to the service below cost, and then try to make that up on the backs of the uninsured who they know are unlikely to pay them at all, is just a bad business model.

Responses:

health care for profit IS a bad business model - Danedukenuuk Jul 21, 07:26
not all insurance companies pay the same rate, have the same deductible, etc. its an accounting pricing model which is setup to - tRuMaN Jul 21, 07:24 1
- No, I agree. I think we just got twisted. You were saying that the low price of $500 explains why they charge $1000 for the uninsured. - TFox Jul 21, 07:29

Post a message top

This is less true. The overwhelming majority of their services will be covered by insurance.

Replies are disabled on threads older than 7 days.