We often hear about how the advent of medical
insurance is responsible for sky-high costs of care. In the two
years now that I have been self-employed and paying for my own
insurance (just a catastrophic coverage plan with a $7,000 - yes
seven thousand - deductible), I have seen evidence of that being
Recently, I had a minor surgical procedure
performed. The amount presented to the insurance company (BCBS)
for being applied toward my out-of-pocket deductible will total
around $1,350. The amount I paid on my credit card (I get 2%
back on it) was $470. The cost for surgical consultation cast me
$95, but the insurance record shows $475. That's a significant
Melanie recently got a 10% discount on having
a tooth crown replaced by paying cash. The key is to ask.
An honest assessment is that if it were not for the doctors
being able to collect the higher amounts from insurance
companies, my costs would have been higher. It is like when
doctors have to settle for the very low amounts paid to them by
Medicare and Medicaid - others pay more to compensate.
The only better deal is to sneak into the country illegally and
get you to pay for it all.
- Kirt Blattenberger
RF Cafe Progenitor & Webmaster