Quote:
Originally Posted by emcon5
And this, right here, is the problem.
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I suspect that even with a reasonable justified billing for a procedure covering only costs and moderate income, the insurance comps still try to negotiate a lower price. Knowing this, medicine charges the max for everything.
Both have demanding shareholders and expensive execs.
The consumer/citizen, already in debt and overstretched, is on the receiving end of both practices with little recourse.
Medical Bills Are the Biggest Cause of US Bankruptcies: Study