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6% of healthcare dollars go to insurance. Maybe that’s too much, but it doesn’t seem like a major factor?
by tiahura 2y ago
6% of healthcare dollars go to insurance. Maybe that’s too much, but it doesn’t seem like a major factor?
- hiddencost 2y agoThere are more people in billing than there are hospital beds, in the US. There's a large system set up to interface with insurance. It adds massive process overhead.
- Retric 2y agoThat’s the direct cost, a doctor talking to an insurance company is extremely expensive and not covered in that 6%.
- tiahura 2y agoWhat are you talking about? I look at medical bills all day. I’ve never seen a charge for talking to ins co.
- Retric 2y ago> I’ve never seen a charge for talking to ins co. You don’t see the cost of the electricity on your bill either, but it’s going to be passed on. Doctors can’t directly bill anyone for this time so they simply bump up other charges to compensate, the same way they cover rent or the office phone bill.
- jklinger410 2y agoInsurance companies should be driving DOWN the cost for care. It's not possible for us to have the most expensive healthcare in the world and for them to still be profitable, unless there is corruption.