Tuesday, January 14, 2014

Want To See Why Health Insurance is So Screwed Up (Other Than Obummercare)

This is the bill section of my latest statement from a medical facility I use. Look at how much the facility charged and how much the insurance company paid them. If that is not waste and mismanagement, or maybe even fraud, then nothing is any of them.

SERVICE PERIOD  11/21/2013  Insurance
What You Owe Now
  Charges Billed 760.00   
12/03/2013 OP Blue Cross Pmt -3,418.90   
  Insurance Benefit 2,658.90   
Balance Pending $0.00  $0.00 

I can assure you that I did not see one penny of the $2,658.90 "Insurance benefit" since payment goes directly to the facility. Maybe I should discontinue direct payment and see if they send that to me next time.

All the best,

1 comment:

mitchrodee said...

It is more fraud than it is waste or mismanagement. If you're not covered by a health insurance plan, and thus have an insurer negotiating discounted prices on services on your behalf, then you get stuck paying the full price. Obamacare is an attempt to get everyone covered by a plan so that no one gets stuck paying artificially high prices. We've gone too long expecting insurers and service providers to play nice and be fair with the cost of healthcare. The private sector should have straightened up sooner. And if they continue screwing us all, the voters will push for a single-payer system those have in every other first-world country.