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Re: Protocols for Insurance to Maintain Privacy
On Thu, Oct 30, 1997 at 09:33:52AM -0700, Tim May wrote:
> Turns out that Blue Cross and Blue Shield have negotiated, through enormous
> buying power, daily rates of about $700 a day. (These numbers come from my
> memory of a "60 Minutes" report a few years ago. Details and current
> figures may vary.)
>
My wife is a pathologist, and she tells me that some of the more
aggressive HMOs get away with paying 15-20% of the posted "official" prices
for procedures and tests. The difference between what insurance
organizations pay and the nominal price is usually 2 to 3 to 1 for most
things these days. And for many years Medicare has set defined prices
for medical reimbursement that less than the gold plated bill amount
as well.
--
Dave Emery N1PRE, [email protected] DIE Consulting, Weston, Mass.
PGP fingerprint = 2047/4D7B08D1 DE 6E E1 CC 1F 1D 96 E2 5D 27 BD B0 24 88 C3 18