6102 () posted 104 days ago by This_Is_TDWin 104 days ago by This_Is_TDWin +6104 / -2 205 comments share 205 comments share save hide report block hide child comments Comments (205) sorted by: top new old worst You're viewing a single comment thread. View all comments, or full comment thread. ▲ -121 ▼ – deleted -121 points 104 days ago +9 / -130 ▲ 66 ▼ – MoldyLocksNesMonste 66 points 104 days ago +66 / -0 Imagine going to a store to purchase a bottle of aspirin. No one at the store can tell you how much it costs. Not even the cashier. But you can buy it, and in a few weeks you get a bill. When the bill comes, the bottle of aspirin is 400 dollars. Had you know the cost, you likely would have purchased it somewhere else. This is the current state of the medical system in the US. permalink parent save report block reply ▲ 54 ▼ – Sumarongi 54 points 104 days ago +54 / -0 It’s even more than that. Bottle of aspirin costs the store(hospital) $10 Hospital bills insurance $1000 for bottle of Aspirin Insurance pays hospital $100 for bottle of Aspirin, charges customer $400 ‘co-pay’ Hospital takes ‘loss’ of $900 on accounting and taxes (but in reality made 90$ tax free, 90% profit) Insurance makes $300 risk free premium off customer co-pay This is the modern medical insurance fraud permalink parent save report block reply ▲ 4 ▼ – Thump99WudLegPede 4 points 104 days ago +4 / -0 Thank you! I recognized a game of 3 card monty when I saw it, but didn't know the basics of how it was done. permalink parent save report block reply
Imagine going to a store to purchase a bottle of aspirin.
No one at the store can tell you how much it costs. Not even the cashier. But you can buy it, and in a few weeks you get a bill.
When the bill comes, the bottle of aspirin is 400 dollars.
Had you know the cost, you likely would have purchased it somewhere else.
This is the current state of the medical system in the US.
It’s even more than that.
Bottle of aspirin costs the store(hospital) $10
Hospital bills insurance $1000 for bottle of Aspirin
Insurance pays hospital $100 for bottle of Aspirin, charges customer $400 ‘co-pay’
Hospital takes ‘loss’ of $900 on accounting and taxes (but in reality made 90$ tax free, 90% profit)
Insurance makes $300 risk free premium off customer co-pay
This is the modern medical insurance fraud
Thank you! I recognized a game of 3 card monty when I saw it, but didn't know the basics of how it was done.