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(12,869 posts)

20. When profit is based on a percentage of expenses

Fri Apr 29, 2016, 02:48 PM

Apr 2016

there is no incentive to lower expenses.

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20 replies

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$150,000 for a double knee replacement [View all] lumberjack_jeff Apr 2016 OP

Post removed Post removed Apr 2016 #1

The main problem I see with insurance companies isn't their profit margin... lumberjack_jeff Apr 2016 #4

When profit is based on a percentage of expenses Downwinder Apr 2016 #20

Hill will fix us but good yourpaljoey Apr 2016 #5

Sad to see how greedy those doctors are scscholar Apr 2016 #2

Surgery bill Old Codger Apr 2016 #17

Think about all of the people in pain who can't afford the LibDemAlways Apr 2016 #3

She's doing great, thank you. lumberjack_jeff Apr 2016 #7

^^This^^ Gormy Cuss Apr 2016 #8

They'll probably collect about 50% of that bill taught_me_patience Apr 2016 #9

Actaully, it's $75,000 per knee, or only $15,000 per knee per day. Glassunion Apr 2016 #10

lol Glassunion Apr 2016 #14

Wow,Inflation has really hit the knee replacement costs. Wellstone ruled Apr 2016 #12

Now that I think about it, I haven't seen a bill for the knees themselves. lumberjack_jeff Apr 2016 #13

And Paul Ryan wants to whack Wellstone ruled Apr 2016 #18

Knee replacement costs BeanCounting Apr 2016 #15

Don't read if you have high blood pressure. Hortensis Apr 2016 #16