Quote:
Originally Posted by Honez
I used to but, dropped it. Then I broke my foot and found out that if you don't have insurance, you get discounts from Dr's and hospitals if you pay cash. I guess that proves to me that they jack prices up for the insurance companies.
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That's not necessarily true. I had high deductible insurance that left me responsible for the first $4,000 in medical bills per year. My son broke his arm and had to go to the hospital to have it reset, and when I got the bill from the hospital it was almost $2,000. My insurance wouldn't cover any of it, but they did apply their forced pricing- which is the max the insurance company will allow the hospital to bill someone under their coverage- and the bill dropped down to just under $800.
Even with the insurance company paying NO money to the hospital, I saved $1,300 by having insurance. That really pissed me off that the hospital would charge so much to people they assume will be paying on their own. They probably would have offered me 20% off the $2,000 to pay cash, whereas the insurance company forced them to discount the original amount by 60%.