A friend shared a story he heard recently, over eggs and toast at a local eatery. A citizen needed an MRI. He asked the price, and the regional hospital quoted him $1,500. He looked concerned, mentioned that was expensive, and the provider offered that the cash price was $500. Curiously, that $500 is exactly what his insurance plan would have him pay. For a lot of people, this looks like a wash.
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A peek behind the curtain?
I’ve often thought that there’s a “big club” that I ain’t in to fleece the medical consumer. Gooferment, Big Medicine, and Big Insurance are the conspiring club members.
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