if you get a medical service..
patient needs a medical service..
$50 deductible..
20% billed to client for $300
80% billed to insurance for $1200
but ins have contract with provider to only pay $500.
but if you walk in and tell them .. I don't have ins.. will pay cash.
they charge: $350.
does that mean.. $350 is a good price for the service?
covers cost and meds and equipment
and doctor and nurses.
so.. then the why is ins paying $500?
just so they can get FEE $$$
if you don't believe this.. try it!
I personally have and others that i know too.