this post was submitted on 07 Dec 2024
-3 points (44.4% liked)

Business

472 readers
20 users here now

A place to share business news and insights.

Rules

  1. Follow lemmy.world rules
  2. Only post content related to business
  3. Do not use this community to promote your business

founded 2 years ago
MODERATORS
odrel
jordanlund
-3
A big insurer backed off its plan to pay less for anesthesia. That’s bad. (www.vox.com)
submitted 1 week ago by jeffw to c/business
15 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] shalafi 8 points 1 week ago (1 children)

Yes, providers drive up costs. Because they have to over bill to make up for what insurance denies.

[–] [email protected] 5 points 1 week ago

They have to overbill so that when insurance says "We're only paying you 15% of your 'retail' charge," they can still get paid.