President Trump E.O. to Force Healthcare Providers - Insurers to Show Retail and Negotiated Prices.

originally posted by: interupt42
a reply to: Edumakated

I dont really see listing the prices as anything to get excited about for the reason you listed.

Also in an emergency you dont have time to shop nor care for discounts. In non emergency do you want to pick your doctor or specialist based on price or cheapest doctor? What is really going to be listed in the price?


Just like the warning labels on everything and the speed talker * in car radio ads , the public will become immune to it.


In regards to the cost of going through insurance vs not, the insurance are ussualy billed numerous things and at a higher cost because they come back and offer to pay less on some things.

Well, say you need some blood labs done for any number of reasons. Doc sends you to the local med facility where it costs $300.00 when you could go to another med facility and get the same labs for $125.00

I'd venture a guess and say that about 80% of people using med facilities are NOT on an emergency basis.

Just to point out, anything that insurance covers is overcharged. I got stuck in the snow and called a local tow. I asked how much after explaining my circumstances. I was told it would be $75.00 and I reaffirmed the price over the phone to be sure of the price and made arrangements for the payment. I stopped into the tow company and made my arrangements for the $75.00 payment for the following day. I forgot I had tow insurance on the particular vehicle I was stuck in the snow with. After discovering this when I got home, I contacted the tow company and let them know of the coverage. They said they would forward the bill to my insurance via fax and would I please call the insurance company and let them know the bill was on it's way. I had a million things to do and called my insurance company after about 1/2 hour later and let them know they would receiving a tow bill and the gal I spoke to stated they had already received the bill.....for $227.82. I kid you not. I told the insurance company the bill should have only been $75.00, that was the agreement, but they pretty much brushed it off stating the bill they received was $227.82, it was all covered and not to worry.

I was 1/4 mile from my house and hit a snow drift and had gotten high centered. I only needed the tow for a 3 yard distance to get to completely clear ground. I would have just walked to my house but my car was in the middle of the gravel road and no one could get by without jeopardy of going into a ditch filled with snow. Plus it was supper windy and snow was piling up around my vehicle.

originally posted by: StoutBroux

originally posted by: interupt42
a reply to: Edumakated

I dont really see listing the prices as anything to get excited about for the reason you listed.

Also in an emergency you dont have time to shop nor care for discounts. In non emergency do you want to pick your doctor or specialist based on price or cheapest doctor? What is really going to be listed in the price?


Just like the warning labels on everything and the speed talker * in car radio ads , the public will become immune to it.


In regards to the cost of going through insurance vs not, the insurance are ussualy billed numerous things and at a higher cost because they come back and offer to pay less on some things.

Well, say you need some blood labs done for any number of reasons. Doc sends you to the local med facility where it costs $300.00 when you could go to another med facility and get the same labs for $125.00

I'd venture a guess and say that about 80% of people using med facilities are NOT on an emergency basis.

People are not going to care it costs 500 bucks or 500k as long as their copay is the same

Just another zero effect move from Trump to rally his base. You can get prices on just about any non-emergency procedure ahead of time. Who out there has tried but couldn't? I call bs on this whole topic.

originally posted by: StoutBroux

originally posted by: interupt42
a reply to: Edumakated

I dont really see listing the prices as anything to get excited about for the reason you listed.

Also in an emergency you dont have time to shop nor care for discounts. In non emergency do you want to pick your doctor or specialist based on price or cheapest doctor? What is really going to be listed in the price?


Just like the warning labels on everything and the speed talker * in car radio ads , the public will become immune to it.


In regards to the cost of going through insurance vs not, the insurance are ussualy billed numerous things and at a higher cost because they come back and offer to pay less on some things.

Well, say you need some blood labs done for any number of reasons. Doc sends you to the local med facility where it costs $300.00 when you could go to another med facility and get the same labs for $125.00

I'd venture a guess and say that about 80% of people using med facilities are NOT on an emergency basis.

Just to point out, anything that insurance covers is overcharged. I got stuck in the snow and called a local tow. I asked how much after explaining my circumstances. I was told it would be $75.00 and I reaffirmed the price over the phone to be sure of the price and made arrangements for the payment. I stopped into the tow company and made my arrangements for the $75.00 payment for the following day. I forgot I had tow insurance on the particular vehicle I was stuck in the snow with. After discovering this when I got home, I contacted the tow company and let them know of the coverage. They said they would forward the bill to my insurance via fax and would I please call the insurance company and let them know the bill was on it's way. I had a million things to do and called my insurance company after about 1/2 hour later and let them know they would receiving a tow bill and the gal I spoke to stated they had already received the bill.....for $227.82. I kid you not. I told the insurance company the bill should have only been $75.00, that was the agreement, but they pretty much brushed it off stating the bill they received was $227.82, it was all covered and not to worry.

I was 1/4 mile from my house and hit a snow drift and had gotten high centered. I only needed the tow for a 3 yard distance to get to completely clear ground. I would have just walked to my house but my car was in the middle of the gravel road and no one could get by without jeopardy of going into a ditch filled with snow. Plus it was supper windy and snow was piling up around my vehicle.

When you aren't the one writing the check, the price gets inflated. We had the same thing happen on an insurance claim for basement flooding. We called a basement clean up service and there were two prices. Essentially paying cash and paying with insurance....

Granted, dealing with insurance companies is a PITA so I can understand why some companies would charge less to not have that headache. But the difference in pricing seems extreme many times.

a reply to: Edumakated

Of course there is most despicable thing Nixon did was encourage health insurance instead of doing like England and other developed nations. Insurance is a rigged industry just like a casino . House always makes a profit. Last few years the industry has started doing all sorts of things to maximize their profits like telling ploers to give employees fitbits with the insurance company having access to the employees fit bit data so they can charge more if employee looks to be out of shape. Ordering companies they insure to make their facilities tobacco free and if employees used tobacco products they must pay extra on insurance premiums and every one had to sign a document saying you were or were not a tobacco user and if you signed you were not a user if you were found to have nicotine in your system during annual check up they sou
D fire you for falsifying documentation. My ex company moen Inc did this I personally know people who lost there jobs because of it. Insurance companies now are starting to go after people they consider fat saying fat people drive up cost.

I'd be happy if they would tell me what is covered by the insurance and what is not. The hospitals can't tell us what we will have to pay when we go there. We have medicare and part D insurance and we haven't a clue how much it is going to cost us when we go. Our insurance has covered most everything so far, but we do not know anything for a month or more after the visit and tests and I am not going to go for any more unnecessary tests until I know if it is covered.

You go to a doctor, the doctor sends you for tests, some may or may not be approved, we should know before going for the test whether the insurance will pay. We call to make sure sometimes, making the appointment for the testing after we verify if it is covered, also the unneeded therapies sometimes are not covered completely. In one therapy, the person can show you what you need to do, yet they have you come three times a week for six weeks some times. Talk about all those unneeded trips effecting climate change. ten to sixteen therapies that take a lot of gas to go to, they could just teach you in one session what to do and what to watch out for.

Great first step, there is no logical reason why hospitals taking insurance charge 3 to 4 more times what cash surgery centers are charging.

originally posted by: proteus33
a reply to: Edumakated

Of course there is most despicable thing Nixon did was encourage health insurance instead of doing like England and other developed nations. Insurance is a rigged industry just like a casino . House always makes a profit. Last few years the industry has started doing all sorts of things to maximize their profits like telling ploers to give employees fitbits with the insurance company having access to the employees fit bit data so they can charge more if employee looks to be out of shape. Ordering companies they insure to make their facilities tobacco free and if employees used tobacco products they must pay extra on insurance premiums and every one had to sign a document saying you were or were not a tobacco user and if you signed you were not a user if you were found to have nicotine in your system during annual check up they sou
D fire you for falsifying documentation. My ex company moen Inc did this I personally know people who lost there jobs because of it. Insurance companies now are starting to go after people they consider fat saying fat people drive up cost.

Insurance isn't a scam. It is a financial product where you are betting you might need money and the insurance company is betting you dont. The amount of money and risk is why insurance is used because the money if the event takes place could bankrupt you.

The insurance company has to mitigate risk. Smokers, fat people, etc are all more likely to have claims hence the higher prices as they are more risky to cover.

My life insurance policy asked if I raced cars, was a pilot, etc. For obvious reasons.

originally posted by: ketsuko
I think it needs to happen. I think it should have happened long ago.

Like over a year ago?

Hospitals may soon have to post prices for patients online April 25, 2018
money.cnn.com...

"President Trump plans to unveil "

Just talk until he actually does something.

originally posted by: sligtlyskeptical
Just another zero effect move from Trump to rally his base. You can get prices on just about any non-emergency procedure ahead of time. Who out there has tried but couldn't? I call bs on this whole topic.

No...
Just another campaign promise kept. Trump isn't rallying his base with this. He's growing it by snatching up votes from people who have been disenfranchised by the Democrats and their BS.

Keep telling yourself that though.
It certainly has served you thus far.

originally posted by: Extorris

originally posted by: ketsuko
I think it needs to happen. I think it should have happened long ago.

Like over a year ago?

Hospitals may soon have to post prices for patients online April 25, 2018
money.cnn.com...
"President Trump plans to unveil "
Just talk until he actually does something.

June 24, 2019

When you're talking about changing how thousands of hospitals and medical providers report their pricing to the public, it takes time to get the rules for that huge undertaking in place.

TODAY, it was signed into law...

President Donald Trump on Monday signed an executive order to improve the price and quality transparency in health care.

According to the president, patients deserve to know the cost of health care procedures before they receive treatment .

"We’re here to announce new groundbreaking actions that we’re taking to dramatically increase quality, affordability, and fairness to our healthcare system," President Trump said during the signing ceremony.

“We believe the American people have a right to know the price of services before they go to visit the doctor. Therefore, in a just a few moments, I’ll be signing a breakthrough executive order. It will create unprecedented transparency about healthcare prices and provide this information to the American people for the first time ever.”

More at: townhall.com...

Americans want what makes them better, or feel better, ASAP.

No waiting for months (or longer) like you find in Canada, the UK, and other countries with group share medicine.

That's the main reason why prices don't drop here very much.

People are willing to pay TOP DOLLAR for Fast Treatment.