3 Answers

Insurance companies dont work with hospitals to lower costs. They pay what they want to pay hospitals. You know what, my question came from two friends that work for two different employees of health insurance companies. They both have 15 years working at those companies and know that these companies are making more money and paying less to hospitals. Their bonus is determined this way. They actually say they will make more money with obama care and allready been granted an exemption to that obama care plan of having to participate in it. As soon as these two people retire in 19 months they will be writing a book about how insurance companies are scamming hospitals and policy holders.

13 years ago. Rating: 1
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There is no rational reason for a health insurance company? Are you for real, did you even think about that statement before you wrote it down? The medical procedures today, with the advent of technology, are considerably more expensive than yesteryear. Sure, people used to pay the doctor when they had problems and hospital stays weren't as expensive as today, but they were still expensive. Today, without insurance companies the average person couldn't even begin to pay for a hospital stay. For example, I went into the hospital for a relatively simple surgery and was in several days. The bill was $60,000. Pull that out of your savings account. It's the huge membership of these companies that allow people to afford the care they need. Is the system perfect, absolutely not, but by all means some of us are waiting with baited breath for your solution. As for the hospital doing it, where do you think that the insuance company gets the cost from? Also, even though the insurance industry isn't perfect, they do wrestle with the medical industry to lower the cost for themselves as well as you. They are by no means altruistic in their purpose, but they are the best of a bad situation.

13 years ago. Rating: 1
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