Quote:
Originally Posted by Minte
If I could answer all the questions you pose, I would. I know that it's all a matter of statistics and the large majority of people will never use the insurance.
When a child gets sick, what happens here often is that the community does what it can with fund raisers. Banks and businesses often contribute and at the end the hospital takes the writeoff, which is easier when you are making massive profits.
My comments about the inevitable failure of Obama care is only about the facts as I see them. 70% don't take it now in our group because it's not affordable. It's not going to get any more affordable. The government knows this so Obamacare is ultimately just another tax. The government forcing you to buy a product.
I am fiscal conservative..not a social one.
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The thing is, the hospitals are playing a game with those write offs. They are half the blame as to why costs are so high.
The hospital will charge $100k for something, but the insurance company actually only pays like 30% of that cost. The hospitals charge a high price, so they can use the difference as a write off. The best part is the end user still pays the deductible on the full price not the hidden price that the insurance companies actually pay.
This is why hospitals always claim to be operating at a loss.. Its why Obama care cant fix everything in one go.. The whole system is a scam, but we have to start somewhere.