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Strategies & Market Trends : Dividend investing for retirement
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To: Elroy who wrote (29967)11/3/2018 9:49:13 PM
From: John Koligman1 Recommendation

Recommended By
geoffrey Wren

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If you have insurance here in the States the insurance firms have what are called 'negotiated rates' for medical services that they pay to providers in their networks. For instance, when I had an episode with kidney stones a couple of years ago the ER I went to did a CT as part of their workup and the bill for the CT scan alone from the hospital was something like $6,000, but Blue Cross/Blue Shield ended up paying less than 20% of that as their negotiated rate with the hospital. If you don't have insurance they will go after you with their full 'chargemaster' rates. I remember pointing you to this landmark article written by Steven Brill about our healthcare system. I guess you did not care to read it, but I'll point you to it once again and if you are considering going without insurance you REALLY should take the time to read the piece...

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