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On 26-8-2009 17:21, Neeum Zawan wrote:
> On 08/26/09 08:51, Tom Austin wrote:
>> The provider charges $1000 for a procedure, yet the health insurance
>> company pays only $200 and due to an agreement with the provider the
>> difference ($800) is waived.
>> The provider got only $200 for the service and somehow is able to stay
>> in business.
>> Yet, if I did not have insurance, the provider would charge $1000 and
>> attempt to receive it from me - $800 more for the exact same procedure.
>> If the provider is willing to accept $200 for the procedure, why do they
>> charge $1000?
>
> To make up for the amount they lost.
So basically if you are poor and cannot afford the insurance you pay more?
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