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> Your insurance will pay for it either way This is an assumption based on a very good insurance package. Most have out of pocket co-pays . So yes, we have to
by maerF0x0 7y ago
> Your insurance will pay for it either way
This is an assumption based on a very good insurance package. Most have out of pocket co-pays . So yes, we have to gross it up by the co-pay percent and discount it by the Annual deductible limitt, but generally the point stands. If I can save enough money I might travel away from the monopoly. Until that data is transparently available I can't optimize that scenario w/ my own choices.
> which won't even be given back to you in form of lower premium
Systemically it will eventually if insurance companies are competing with eachother for your business
- jonlucc 7y agoSort of; in my experience, even with a high deductible health insurance plan, the insurance company's negotiated rates are still in effect. In other words, if a visit would be billed to an uninsured person at $200, but my insurance caps it at $100, then $100 is the price accepted by the doctor's office no matter if I'm paying because I haven't reached my high deductible or insurance is paying because I have a regular, not high deductible plan.
- maerF0x0 7y agoright, but now you're talking about in-network vs out-of-network rates. I believe should disappear with price transparency...