Saturday, March 23, 2013

90% off!

It's always an eye opener to review health insurance statements.

My wife recently had some routine labs performed for follow-up on her thyroid gland.

The submitted charges, by Quest Diagnostics, were $360.88. The plan allowance was $36.09. The total $36.09 was paid by the insurance company. We owed the provider $0.00.

The plan allowance was only 10% of submitted charges.

The provider of services agreed to drop their rate by 90%!

It's great to be fortunate to have insurance but it sucks for those who don't.

"Our" healthcare system has some MAJOR flaws.

This is just one of them.

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