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The Water Cooler
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POTUS to reopen markets soon
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<blockquote data-quote="Aries" data-source="post: 3355179" data-attributes="member: 44328"><p>Insurance companies often have contracts with hospitals and other health care providers that drastically reduces the amount they actually pay. Even if you have resources to pay cash, I don't know that you can get the discounts that insurance companies do. By discounts, I mean we accidentally were billed once for my wife's procedure, and when we checked with the insurance company, they had already paid it but the amount they paid was like 10% of what we were billed, because they were contracted with the hospital they said.</p></blockquote><p></p>
[QUOTE="Aries, post: 3355179, member: 44328"] Insurance companies often have contracts with hospitals and other health care providers that drastically reduces the amount they actually pay. Even if you have resources to pay cash, I don't know that you can get the discounts that insurance companies do. By discounts, I mean we accidentally were billed once for my wife's procedure, and when we checked with the insurance company, they had already paid it but the amount they paid was like 10% of what we were billed, because they were contracted with the hospital they said. [/QUOTE]
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