I totally agree. If you don't have insurance bankruptcy is often the only recourse. And try to get healthcare after a bankruptcy with no insurance.
My company quit paying our health insurance premiums to the carrier during the year. My wife was in the hospital for 3 days and we were told we were no longer covered due to premiums not being paid.
We received a bill for almost $50,000. Ultimately, the issue with the premiums was resolved and the insurance company paid about $12,000 and we paid $1500.
It's sad, but you can't afford to be without insurance.
Elizabeth Warren knows more about bankruptcy law than anyone in the US. She has pushed for not forcing people to declare bankruptcy for unpaid medical bills. Instead the Federal government would pay the debt. It's never gotten traction.
With insurance who has a contract with the hospital, with insurance not contracted with the hospital, Medicare Advantage vs Medicare Part A &B, self pay, etcтАж
I call it job security. The healthcare-industrial complex is a massive jobs program due to its fragmentation
More than that. They have different payments that they accept depending on your insurance company. Medicare allows significantly (and I mean seriously significantly) less than Anthem, who in turn may allow more than Aetna or Cigna, etc.
Sometimes, the price the provider charges is lower than the insurance allowance, but the member still needs to pay the insurance negotiated price for the procedure.
You can ask for an itemized bill.
You'll be surprised what is on there.
Got one when my husband was on a vent with no insurance.
Found out one thing they charged him for was oral medication. He was on a vent.
And that's another reason our health care is so expensive, people don't look at the charges and insurance pays and it's vicious circle.
And they have two rates. One for people with insurance and one for people without insurance. Such a scam!
I totally agree. If you don't have insurance bankruptcy is often the only recourse. And try to get healthcare after a bankruptcy with no insurance.
My company quit paying our health insurance premiums to the carrier during the year. My wife was in the hospital for 3 days and we were told we were no longer covered due to premiums not being paid.
We received a bill for almost $50,000. Ultimately, the issue with the premiums was resolved and the insurance company paid about $12,000 and we paid $1500.
It's sad, but you can't afford to be without insurance.
Elizabeth Warren knows more about bankruptcy law than anyone in the US. She has pushed for not forcing people to declare bankruptcy for unpaid medical bills. Instead the Federal government would pay the debt. It's never gotten traction.
With insurance who has a contract with the hospital, with insurance not contracted with the hospital, Medicare Advantage vs Medicare Part A &B, self pay, etcтАж
I call it job security. The healthcare-industrial complex is a massive jobs program due to its fragmentation
More than that. They have different payments that they accept depending on your insurance company. Medicare allows significantly (and I mean seriously significantly) less than Anthem, who in turn may allow more than Aetna or Cigna, etc.
Sometimes, the price the provider charges is lower than the insurance allowance, but the member still needs to pay the insurance negotiated price for the procedure.