Health Care Debacle

[docgee]

8. They jack the price up in the first place...

A Tylenol costs $26 and so on, so you pay your deductible and when the hospital submits the bill to the insurance co., the insurance company haggles the bill down. But you still paid your deductible on the original price. (as a percentage is the way my insurance works).

So if the original bill is $10,000, I would pay $2000 deductible, then the insurance would haggle the remaining down to say $5000. You end up paying more than your 20% worth.