Simon and @UnckelMike are mad. They’re mad because they’ve been dicked around by insurance companies, healthcare providers and the shadowy “boss” of all things medical, The Chargemaster. If you’re not mad, too, then you’re not paying attention!
“The health care market is not a market at all. It’s a crapshoot. Everyone fares differently based on circumstances they can neither control nor predict. They may have no insurance. They may have insurance, but their employer chooses their insurance plan and it may have a payout limit or not cover a drug or treatment they need. They may or may not be old enough to be on Medicare or, given the different standards of the 50 states, be poor enough to be on Medicaid. If they’re not protected by Medicare or protected only partially by private insurance with high co-pays, they have little visibility into pricing, let alone control of it. They have little choice of hospitals or the services they are billed for, even if they somehow knew the prices before they got billed for the services. They have no idea what their bills mean, and those who maintain the chargemasters couldn’t explain them if they wanted to. How much of the bills they end up paying may depend on the generosity of the hospital or on whether they happen to get the help of a billing advocate. They have no choice of the drugs that they have to buy or the lab tests or CT scans that they have to get, and they would not know what to do if they did have a choice. They are powerless buyers in a sellers’ market where the only consistent fact is the profit of the sellers.”
PLEASE subscribe to us on iTunes–click here or just search “Simon’s Groove.” Your ratings and reviews are welcome!
Support the show and get a close shave in the process! Join Dollar Shave Club!
GET OUR NEW MOBILE APP!
Want to advertise on the Groove?