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View Diary: I feel sorry for health insurance companies. Yes, I said that. Why? This Time report must be read. (228 comments)

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  •  As a former employee of a health insurer, (4+ / 0-)
    Recommended by:
    james321, TiaRachel, ladybug53, Amber6541

    I know that 'private pays' - people paying out-of-pocket - get the equivalent of retail pricing while those going with in-network with health insurance get the insurer-negotiated wholesale price which usually have a 'hold-harmless' clause which prevents the care provider from billing the patient for the difference between the asking and the negotiated price.

    Play chess for the Kossacks on Chess.com. Join the site, then the group at http://www.chess.com/groups/view/kossacks.

    by rhutcheson on Thu Feb 21, 2013 at 02:20:01 PM PST

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