Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Health insuranceis insurance that covers the whole or a part of the risk of a person incurring medical expenses, spreading the risk over a large number of persons. By estimating the overall risk of health care and health system expenses over the risk pool, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to provide the money to pay for the health care benefits specified in the insurance agreement.[SIZE=2][1][/SIZE] The benefit is administered by a central organization such as a government agency, private business, or not-for-profit entity. According to the Health Insurance Association of America, health insurance is defined as "coverage that provides for the payments of benefits as a result of sickness or injury. It includes insurance for losses from accident, medical expense, disability, or accidental death and dismemberment"
Class dismissed. You can go back to playing World of Warcraft now, at least until your mom gets your dinner ready.
i suppose that you can pony up the $3500 PER TREATMENT for dialysis? or how about the hundreds to thousands of dollars for a number of medications? i am glad to see that you are rich and healthy, and can afford to go without insurance.
If people had to pay that amount ... the price would go DOWN.
Because no one would be able to pay.
Clinics would be pitted against each other via price .... the price would go DOWN.
Competition drives lower prices.
Insurance companies ensure that there is ZERO transparency for pricing. No one will ever know how much something *really* costs.
1. My dentist looks at what he thinks the insurer will pay and then marks UP his claim to ensure that whatever percentage the insurer will pay will be covered. For example, it costs him $100. Insurance will pay 50%. So he submits a claim of $200.
Multiply that by patients x different insurers x different plans.
2. Some insurers just cut rates for different treatments within certain facilities.
No one knows what anything really costs. It's all driven by individual insurance plans.
Location: By the sea, by the sea, by the beautiful sea
68,329 posts, read 54,363,738 times
Reputation: 40731
Quote:
Originally Posted by theatomicbomb90
business is about profits, not being a humanitarian.
So, if you're unfortunate enough to be lying on a gurney someday in need of a life-saving operation you'll have no problem signing all your assets over to the surgeon because his little medical group needs to increase their profits, right?
It is easy to not get sick if you just stay at home and don't see anybody at all. What if you get Cancer? Terrible disease that will bankrupt most people without insurance. Don't take your health for granted.
No disease bankrupts people.
The choice to spend "whatever money it takes" to cure the disease is what bankrupts people, and even then only those people who left the financial preparation for catastrophic events up to the whims of fate and/or the promise that their neighbor will be billed.
Everyone dies. It's a basic biological fact of life. Your neighbor is not enslaved to the notion that you are owed a specific amount of time on this Earth. First unfair fact of life - not everyone lives to be the same age.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
