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Politics : Politics for Pros- moderated
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To: Tom Clarke who wrote (163826)4/18/2006 8:43:20 AM
From: Lane3  Read Replies (1) of 793796
 
We don’t need more insurance in America. We need much less.

This piece overlooks the negotiating clout of insurance companies. I was struck by a recent medical bill I received. It was $200 for an MRI on my knee. I'm used to my insurance paying for almost all of my medical tests and procedures so I was startled by the bill. As it turns out, the charge for the MRI was $1200. Blue Cross paid $300, I paid $200, and the MRI provider ate the rest. My first reaction was to focus on how I paid nearly as much as Blue Cross and what was going on there.

But this piece got me to thinking of what I would have paid without insurance. Probably $1200. There's no way I could have negotiated with the provider for the $500 payment that Blue Cross obviously negotiated. Maybe I could have negotiated twice that, for a savings of $200...
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