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One thing I have always wondered
Posted on: February 26, 2021 at 10:54:18 CT
meatiger MU
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you get your initial bill. Then you get the negotiated bill from your insurance company...many times in that bill, it says the provider is "participating". I wonder if that gets into how the accounting accruals are put together...so they claim both a revenue and a loss on the same procedure.
The two biggest problems I see...are 1. Over-regulation that takes any incentive for R&D/progress out of the providers and 2. sever lack of transparency as you have no idea what the costs are before a procedure..it is all negotiated on the back end.
The two biggest problems I see...are 1. Over-regulation that takes any incentive for R&D/progress out of the providers and 2. sever lack of transparency as you have no idea what the costs are before a procedure..it is all negotiated on the back end.
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One thing I have always wondered - meatiger MU - 2/26 10:54:18