Quote:
Originally Posted by PRBuzz
Remember insurance companies are the classic 99% (more like 80%) business model: 99% pay and get nothing back.
Medical service paybacks are all negotiated between the providers and insurance companies (each ins. co. likely reimburses differently) to "usual and customary" for a given area of the country, procedure ,etc.
|
Obviously the hospitals and doctors are making a good profit by doing this, and are gouging everyone else. It's not like you can shop around for a better price...