Insurers benefit from paying more. The more they pay hospitals & doctors, the more profit they can fit in their 15% allowance. An insurer that grows their medical payout also grows their profit base.
Is there any patient-controlled grassroots activist organization that isn’t controlled by nor gets funding from any special interests or members of the medical industry? I’m talking patients only? Nobody who gets a penny from the healthcare industry in donations, royalties, profits, salaries, premiums, commissions etc in any decision-making position in the organization?
I don’t know, but I’d start by looking at the work of Andy Slavitt and (separately) Wendell Potter.
More people should look up Wendell Potter and hear what he has to say
(BTW…this video was from 10 years ago)
Much (not all!) of health care is now legalized financial extortion. That includes the cost of medical insurance. At what point is this unacceptable?
I know I probably billed this wrong but I added up the charges from the boing-boing article and got $10,506 USD for a total. Remind me never to ride a bicycle ever again.
Liked for “Pinto of insurance”. I almost made a mess of my keyboard.
Liked ironically because…
Most of these tactics seem par for the course for the cable industry. In fact, I’ve noticed a trend towards less pricing transparency in many sectors, but it’s most disturbing for healthcare.
I was going to mention Britain if the Tories win the election this week, but if they do then I don’t think it will be an industrialised country by the time they are finished.
Normally, I’m content to stand on the sidelines, point, and laugh at the American healthcare (billing) system.
But this simple breakdown of the excesses does make me outraged on your behalf.
F’n inexcusable that the graft has become so ingrained in the system that all the numbers are made up, everyone knows it, all the insurers just rubber-stamp it, and then they all gouge you for the levies, and the humans lose.
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