I’ve read your comments and I can you’ve got a lot of insight into this…
At first, I wanted to argue with you like everyone else but I think you make a good point about the high deductible or uninsured group.
I think there are surprising amount of people who could pay a reasonable fee to (20-40% of savings) to avoid excess spending — but they have lower deductible policies with an out of pocket max.
My deductible is $1500 and my out of pocket max is $4000. I’m fortunate enough to be able to pay the max if I needed to (fingers crossed any accident happens at the beginning of the year) but I don’t have the incentive to fight over billing because insurance will kick in.
I think there are 2 problems: target market and really high specialized labor costs for investigation. I think you could bring down labor costs with a really good tech system (machine learning maybe) but that would require investment.
CorporateDroneStrike t1_iuk881z wrote
Reply to comment by ktigger2 in A billing expert investigated her husband's ER bill. She was able to knock thousands off the charge. by 11ej25
I’ve read your comments and I can you’ve got a lot of insight into this…
At first, I wanted to argue with you like everyone else but I think you make a good point about the high deductible or uninsured group.
I think there are surprising amount of people who could pay a reasonable fee to (20-40% of savings) to avoid excess spending — but they have lower deductible policies with an out of pocket max.
My deductible is $1500 and my out of pocket max is $4000. I’m fortunate enough to be able to pay the max if I needed to (fingers crossed any accident happens at the beginning of the year) but I don’t have the incentive to fight over billing because insurance will kick in.
I think there are 2 problems: target market and really high specialized labor costs for investigation. I think you could bring down labor costs with a really good tech system (machine learning maybe) but that would require investment.
It’s tough.