About a month ago, I had a trip to the local ER, because I thought I was having a heart attack. I was not, thank goodness.
I just got the "explanation of benefits" from our health care plan in the mail. The total original bill was for just over $4,600. The disallowed charges were around $4,200, leaving a balance paid by my plan (minus my copay) of around $400.
Now, had I not had health care coverage, the hospital would have billed me for the whole $4,600. But my insurance company only has to pay less than 1/10 of the final bill? How the hell does that work?
In my next life, I am coming back as the CEO of an HMO.