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There's a hidden truth in 'writing off'. Insurance companies wager paying the bill too. They say "We'll pay 60% of that $8000 ER visit." Guess who covers 25%
by ambiate 14y ago
There's a hidden truth in 'writing off'.
Insurance companies wager paying the bill too. They say "We'll pay 60% of that $8000 ER visit."
Guess who covers 25% of that leftover 40%? In a majority of cases, the government.
(Source: My aunt has worked for a hospital performing these write-offs the majority of her 45 year life.)