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To: Tom Clarke who wrote (163826)4/17/2006 6:12:57 PM
From: ManyMoose  Respond to of 793798
 
No truer words were ever spoken: . Billing errors are common – and difficult to correct. You’re forced to either pay what your bill instructs you to pay or to try to avoid overpayment by submerging yourself in paperwork that can be as complicated and infuriating as filing taxes.



To: Tom Clarke who wrote (163826)4/18/2006 6:30:16 AM
From: John Carragher  Read Replies (1) | Respond to of 793798
 
Individuals and families that invest the money they would otherwise spend on medical insurance can build a nest egg worth over $100,000 in just 5 years. and $250,000 in 10 years.

i would like to see the assumptions on those stats.



To: Tom Clarke who wrote (163826)4/18/2006 8:43:20 AM
From: Lane3  Read Replies (1) | Respond to of 793798
 
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...