4 ms·
I personally think health care costs are inflated by middlemen like insurance companies.
by strikelaserclaw 7y ago
I personally think health care costs are inflated by middlemen like insurance companies.
- lotsofpulp 7y agohttps://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/NationalHealthExpendData/downloads/highlights.pdf https://www.cms.gov/Research-Statistics-Data-and-Systems/Sta... As far as I can tell, insurance companies are the only player in the system providing a check against the providers. The consumer has no idea what they're buying, so you need another similarly educated professional (employed by the insurance company) to vet the provider's charges. Insurance companies also have to spend 80% of their premiums on healthcare.