Why Your Health Insurer Doesn't Care About Your Big Bills

LOL That's hilarious. It's like you think you've discovered some deep dark secret. It's been going on for decades, ever since the government became involved in American healthcare.

Obamacare didn't address it, it made it worse. And democrats knew it would make it worse. They just didn't care.

 

It took around $350,000 to see my mother through her sickness and death. When complaining about the bill, in which her insurance paid, I was told that it was because of malpractice. When someone is allowed to sue a doctor or a hospital they are actually suing the American people, who will be the ones to foot the bill.

 

Malpractice is only a small part of the price. But it is the reason for so many unnecessary medical tests.

 

Also insurance puts up the price. People charge more if insurance is involved. That includes builders, car repairs, etc. I wondered why when I got a private quote for a car repair, and the insurance insisted on using their repairer the cost was far far higher. A local buider came to give a quote for a repair and asked if I was claiming through my insurance, I asked "Why". He said they always charged double bubble when insurance companies were involved.

 

Another problem is that the USA foots the bill for the research and development of new medicines. That adds greatly to our cost of prescription medicines in the USA. The rest of the world is too selfish to help out.

The man in the left-wing NPR, which takes taxpayers' money for leftist propaganda and should be abolished, probably spent a fortune on his lawyer just to get his bill reduced from seven thousand to four thousand dollars. As the story noted, that was a settlement. My personal reaction is that his insurance was not too good if he had to pay seven thousand but his job was well paid and that was a small sum for him; however, he was young to have to have a hip replacement and so he got a good deal all things considered, as NPR likes to say. The insurance company probably was not fazed as part of the price is to take into consideration people like Frank who are willing to spend thousands on lawyers to get out of paying three thousand for their medicine.

 

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Drug companies tell us that they fund research, which is why new drugs are so expensive. There was a report only yesterday the Boots drug company and another were charging the NHS £3000 for a drug which you can buy over the counter for £1

 

i had to go through a huge rigamarole to get generic Lyrica offshore.
Lyrica is new and has no generic version available in the USA so I filled out all the paperwork (with my doctors permission), registered at a Canadian Pharmacy, made my purchase, waited two weeks for my order to pass through postal customs.

even with all the hassle generic Lyrica is 100.00/month as opposed to 440.00 for regular Lyrica.

 

Canada makes a deal to buy it cheap to not pay R & D for several years now.

 

If they were smart they would make a deal not to pay for the sales and marketing which is easily twice what is spent on R&D.
[Source: AstraZeneca CEO Tom McKilop 2004]

And with whom are they making this deal? Drug companies? Can the USA make the same deal?