The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Chen who wrote (160403)	10/27/2008 10:19:09 AM
From: neolib	Read Replies (1) of 306849

If you read the fine print on your insurance, whatever was item 3 is excluded for some reason. As a result, the insurance co has no agreement with your provider for a reduced rate on this. So not only does the insurance not pay anything, but you don't get any discount either. I agree, it is nuts. Especially if you consider that the next patient in might have a better club discount card than you, and get the 170 for 80. One approach to this is to go with an insurance co that has pretty comprehensive coverage (unfortunately you must read all the fine print) but then take a large deductible. You then would pay all of these small visits out of pocket, but would get the club rate. You can handle these small bills, but you would be well covered for a major hit but your monthly premium is much reduced from the same broad coverage with a low deductible. That is what insurance should do. IMHO, however, the club card aspect is criminal and cost containment should be handled externally to insurance. Everyone walking in the door should be charged the same for the same treatment.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next