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That's not the point. Your explanation is exactly what the issue is. Why is cash price cheaper than insurance price ? And in that case, why do we even need insu
by codegeek 5y ago
That's not the point. Your explanation is exactly what the issue is. Why is cash price cheaper than insurance price ? And in that case, why do we even need insurance for most of these visits.
- city41 5y agoI think the problem is, it's insurance. I pay $1200/month for my ACA insurance as I am a freelancer. Those with full time jobs pay a similar amount, just indirectly. In a given year, if I am healthy and need minimal medical care, then my insurance puts me way behind financially. If I have a sudden medical emergency, it can really save me. That is of course, assuming the insurance company will honor their end of the bargain which is another matter altogether. I don't want health insurance. I want health care.
- omgwtfbyobbq 5y agoIn my view, the amount you pay for stuff before you hit your deductible is just another type of premium. If the cash prices you can pay for what you reasonably think your care will be in a year are less than your deductible, then it can save you a little money to do that. If you happen to be wrong, you'll have still have to pay for your deductible. I pay for a specific medication OOP with goodrx because it's not covered by my insurance, and paying for it through them would be nutty ($1600/year versus $90/year). But other things I just lump in b/c I use a fair bit of insurance every year.
- r00fus 5y agoMake no mistake, I think the entire health insurance industry is a meat grinder for profits and we should move to single-payer like most other affluent countries.