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Originally Posted by MedMech
Be careful I have a reputation to maintain.....and so do you so watch it.
I would never have know how bad the problem is until I became a banker and there are many people with screwed credit because HMO's don't pay as promised so the patient is left with the bill. I don't want to sacrifice our superior doctors and hospitals and have no idea what the answer is but status quo is not it.
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...........you have a reputation............since when...........
The law currently requires that the hospital charge all comers the same rate. They skirt the law by accepting less than the standard rate. Very similar to the "rack rate" in hotels. Nobody pays the rack rate. But, that's the rate on the door.
The hospital should be required to accept the same fee as they offer to their most preferred clients..........the insurance companies. That fee, BTW, is still way above what most clients will be able to pay. But, at least it's fair and reasonable. The client elected to go "naked". He lost. Provide him with a reasonable chance of getting out of the debt in his lifetime..............