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by assblaster
2973 days ago
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Hospital administrators are the problem. They don't contribute to medical care, and their job is to increase profit that goes to higher salaries of themselves and other administrators. Regarding balance billing: If Medicaid pays $100 for a $500 procedure, and private insurance pays $400 with the expectation of a 20% coinsurance from the patient but patient refuses to pay, who is going to pay the other $100? Is the expectation that hospitals or doctors shouldn't be compensated for services rendered? Should they work for free and go out of business? What other business exists where it's ok for people to get something and refuse to pay the bill? Auto repair? Groceries? Legal advice? Housing construction? Land purchase? Auto fuel? Electricity? |
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On what planet would the special interest groups responsible for setting reimbursements make it less than the cost of delivery?
Let's try again:
> If a medical provider overcharges $100 for a $400 procedure
Ok now your position makes more sense. Debt recovery is a well-known problem and yes, providers write it off or sell the debt on.
> What other business exists where it's ok for people to get something and refuse to pay the bill?
Loans, contracts, anything covered by tort law really.