Friday, June 1, 2018

Health Care Billing Issues

It's common knowledge that those who have more money tend to have more to spend without question. Insurance companies are not any different; they are the ones with the bigger purse. Medical providers know this as well. Over the last 60 years, the providers increased their prices to see what they can get away with, at the same time the insurance companies were negotiating for bigger discount.

First, there is the negative view. Many are expecting the first dollar coverage to be paid for by the insurance company. Every doctor visit, lab test or prescription drug is coming out of your pocket first and is applied towards your deductible. Some may not like this idea.