All healthcare providers in order to stay in business must contact with all of the health insurance companies. These contracts contain fee schedules of what they will pay for as allowable charges. It is the insurance companies that have complete control of healthcare costs and not the providers of service.
In 2011 U.S. healthcare spending growth stayed at slowest rate in 52 years and the reason why is because they control healthcare spending while providers of service must write off thousands of dollars because they were n't allowed by the contracted insurance.
Healthcare insurance companies do not absorb the cost of people without insurance. The State programs take care of that. Hospitals must accept the allowable fees from contracted insurance companies so the costs of the uninsured does not effect the health insurance companies.
The health insurance companies got hit when all the corporations of America paid lobbyist to change the laws so they could expand the oversea markets as this caused a lost of a large group of healthy people that paid premiums that now no longer have a job.
This is where Obamacare comes in to replace that lost revenue that are now mandated to buy coverage. The health insurance companies are raising premiums purely out of greed and to fund their expanding overseas market. They all paid lobbyist and paid contributions to Senators to get laws passed so their profit margin got raised.
They now got waivers so they can keep their preexisting clause in tact and can cap benefits on individuals so nothing was lost to them. Obamacare has been reduced to only effect the tax payers and not the health insurance industry.
Everyone can agree their premiums have gone up and are now facing more out of pocket costs but we are getting nothing in return. When you CEO's of health insurance companys making 49 million a year such as United Healthcare and they paid lobbists in 2009 for 110,000 and paid contributions to Senators in 2010 for 458,000, they are absorbing administration costs in oversea markets, what is left to pay on claims is minimal.
All of these statistics on healthcare costs is totaled by the charges submitted to insurance companies when the real report should be on the allowables that the insurance company will actually approve. If we had that report we would see who is the most corrupt of all and that is the insurance companies.
They are draining society of all the money spent on premiums and have reduced fee schedules so providers of healthcare are feeling the pinch while leaving the masses to not only pay in portions of their premiums but also pay for their medical services due to high deductibles.
My employer paid $10,000 for my husband and myself for health benefits. My healthcare bill in charges submitted for 2011 was $6822.25 but the insurance company only allowed $3499.54. Out of that they paid only $374.74 for the year 2011. I am responsible for the balance. The insurance company profited just on us alone for 2011 $9793.46
So you tell me who is actually getting screwed here
In 2011 U.S. healthcare spending growth stayed at slowest rate in 52 years and the reason why is because they control healthcare spending while providers of service must write off thousands of dollars because they were n't allowed by the contracted insurance.
Healthcare insurance companies do not absorb the cost of people without insurance. The State programs take care of that. Hospitals must accept the allowable fees from contracted insurance companies so the costs of the uninsured does not effect the health insurance companies.
The health insurance companies got hit when all the corporations of America paid lobbyist to change the laws so they could expand the oversea markets as this caused a lost of a large group of healthy people that paid premiums that now no longer have a job.
This is where Obamacare comes in to replace that lost revenue that are now mandated to buy coverage. The health insurance companies are raising premiums purely out of greed and to fund their expanding overseas market. They all paid lobbyist and paid contributions to Senators to get laws passed so their profit margin got raised.
They now got waivers so they can keep their preexisting clause in tact and can cap benefits on individuals so nothing was lost to them. Obamacare has been reduced to only effect the tax payers and not the health insurance industry.
Everyone can agree their premiums have gone up and are now facing more out of pocket costs but we are getting nothing in return. When you CEO's of health insurance companys making 49 million a year such as United Healthcare and they paid lobbists in 2009 for 110,000 and paid contributions to Senators in 2010 for 458,000, they are absorbing administration costs in oversea markets, what is left to pay on claims is minimal.
All of these statistics on healthcare costs is totaled by the charges submitted to insurance companies when the real report should be on the allowables that the insurance company will actually approve. If we had that report we would see who is the most corrupt of all and that is the insurance companies.
They are draining society of all the money spent on premiums and have reduced fee schedules so providers of healthcare are feeling the pinch while leaving the masses to not only pay in portions of their premiums but also pay for their medical services due to high deductibles.
My employer paid $10,000 for my husband and myself for health benefits. My healthcare bill in charges submitted for 2011 was $6822.25 but the insurance company only allowed $3499.54. Out of that they paid only $374.74 for the year 2011. I am responsible for the balance. The insurance company profited just on us alone for 2011 $9793.46
So you tell me who is actually getting screwed here