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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (106638)	12/9/2009 8:30:09 PM
From: loantech	Read Replies (1) \| Respond to of 110194

Do you get a good deal or a decent quote for cash? Less than if you were charged for having insurance?

To: CalculatedRisk who wrote (106638)	12/9/2009 10:48:53 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 110194

A cash price discount for medical services is typically 50% which is not terrific when compared with the effective 65% discount written into a Blue Cross type of plan. With most catastrophic health plans, the medical provider bills your insurance firm and you pay their pre-negotiated rate in full, until your total payments exceed the deductible. If you visit a medical provider without providing them with the coverage information and billing address for your catastrophic medical insurer, you will seem very risky to them. The providers of any labs or tests they order for you are likely to give them grief if they don't get paid. When a Saudi sheik or similar character rolls into town for a hospital stay, not having insurance, they start off their stay with a large pre-paid cash deposit. The hospital refunds any unused balance. If you don't provide insurance or a similar sized cash deposit it should not be surprising when you're not treated like a sheik. .