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I get irrationally angry when I get my insurance statements for routine stuff. Doctor billed: $1500 Insurance allowed: $125 Insurance paid: $75 Your copay: $50
by Arrath 4y ago
I get irrationally angry when I get my insurance statements for routine stuff.
Doctor billed: $1500
Insurance allowed: $125
Insurance paid: $75
Your copay: $50
- mindslight 4y agoIrrational? You're angry because they're trying to mislead you into thinking that "insurance" is covering 97% of a large bill. When in reality, they're only covering 60% of a small bill.
- deleted 4y ago[deleted]
- SentinelLdnma 4y agoSee also, protection racket [0] [0] https://en.wikipedia.org/wiki/Protection_racket https://en.wikipedia.org/wiki/Protection_racket
- red-iron-pine 4y agoObfuscating how that process works is a huge problem. It's how they extract lots of value out of the consumer, and why Americans pay more than most socialized medical systems while having on-par or worse outcomes. Take a look at the list of Fortune 500 companies and notice how many are healthcare related. There is a reason it's never going to get better.