The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: 10K a day who wrote (90865)	9/29/2007 7:07:35 PM
From: lifeisgood	Read Replies (1) of 306849

30-40 percent of medical costs are going to insurance administration and insur co's are micro managing the system in to the toilet. It might be much more than that. I was recently contacted by and HMO rep. who wanted me on their provider panel "bad." Initial offer was $40/hour which I promptly (and politely) rejected. I was then offered $80/hour which I again declined. We finally agreed to $94/hour and I learned that they were charging their insured business clients $120/hour for my services. So, had I accepted their initial offer as I imagine some providers do, they would collect $120/hour and pay me 1/3 of that. I imagine this is not uncommon. best... LIG

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