| k"> | | | | is always the amount billed minus the patient |
| According to the California Health Care Foundation 45 | | | | savings minus any insurance reimbursement and |
| million Americans are uninsured. Even further, | | | | amounts not allowed. |
| 100% of American’s are essentially uninsured | | | | Mark my word, essentially, you will require major |
| on the 1st day of January, every year, and they | | | | surgery or you will have a significant accident that |
| remain so until they have met their | | | | results in enormous bills before you will meet your |
| deductiblessomething that insurance companies | | | | deductibleif you are still even able to meet this |
| are increasingly making an impossible thing to do. How | | | | amount at all. And until you exceed this amount, you |
| much did you spend last year? Are you really | | | | are a cash paying patient. Make no mistake about it. |
| covered? Here are some statistics that you may find | | | | See for yourself. In my case, the amount applied to |
| alarming. If you think you have healthcare insurance, | | | | the deductible for the above transaction was: |
| here are a few simple questions you might ask | | | | $11,569.20 - $9,869.20 - $11.00 = $1,689.00. |
| yourself: Have you met your deductible? If so, what | | | | If you are still a non-believer, I can show you the bill |
| were your out of pocket costs for the year? How | | | | on April 4, 2003 for $766 where I paid $266 and only |
| much did you and your employer pay for your | | | | $84.26 was applied to the deductible. I have many |
| healthcare insurance last year and what did you get | | | | more examples and I’m sure that if you pay |
| for it? And where is your money going? According to | | | | attention, you will find plenty of your own. |
| the California Health Care Foundation[1] 45 million | | | | But can you really afford to pay cash for |
| Americans are uninsured. While this number | | | | healthcare?Absolutely! What you can’t afford, |
| may seem alarming, consider the fact that 100% of | | | | is healthcare insurance. If you have a family, you |
| American’s are essentially uninsured on the 1st | | | | already know that this is true. If you are |
| day of January, every year, and they remain so until | | | | singlemaybe, but why throw your money down |
| they have met their deductiblessomething that | | | | the toilet when you can get so much more for your |
| insurance companies are increasingly making an | | | | hard earned cash!? I have a wife and 4 kids. To pay |
| impossible thing to do. You owe it to yourself to find | | | | $6,000.00 in premiums and miscellaneous fees this |
| out the actual costs of healthcare in order to make | | | | year is simply unacceptable. I’m joining the |
| intelligent decisions about what you CAN afford. Here | | | | ranks of the uninsured and I have a good job! I just |
| are some more statistics that you might find alarming: | | | | called Hollywood Presbyterian Hospital to get an |
| 1. In 2004, the average healthcare premium | | | | update on the cost of a c-section. Low and behold, |
| employers were charged for a family of four | | | | the cash price for a c-section is $3,000.00. You can |
| averaged $9,950[2]. | | | | call yourself. |
| 2. By 2006, it is predicted that the average annual | | | | But what if you get injured and have massive bills? |
| family insurance premium will reach $14,500[3]. | | | | You have too much to loose. |
| 3. National surveys indicate that the primary reason | | | | Of course you do. Hopefully, however, you are not |
| for being uninsured is for the simple reason that | | | | ignorant enough to believe that your healthcare |
| insurance is not affordable[4]. | | | | insurance company is going to bail you out under |
| 4. There are more Americans (50%) who are now | | | | these circumstances. If for some God forsaken |
| worried that they cannot afford their healthcare | | | | reason you are hit by a truck and spend 2 months in |
| insurance than there are (42%) who report being | | | | the hospital accumulating millions of dollars in bills, I am |
| worried about not being able to afford their | | | | afraid that you will still be in a pickle because your |
| healthcare[5]. | | | | insurance carrier is sure to sue the trucker’s |
| How do bills get paid?Don’t be fooled by the | | | | insurance carrier etc. for the next 10 years while the |
| difference between billing and reimbursement. Your | | | | collectors come after you for unpaid bills. |
| insurance company will readily send you a copy of | | | | You owe it to yourself to get smart and stop giving |
| the amount that was billed for your latest healthcare | | | | your hard earned cash to this scandalous industry. |
| encounter. What was actually paidif | | | | Please feel free to comment on this story for a lively |
| anythinghowever, is actually another story and it | | | | discussion!References |
| would behoove you to find this out for yourself. Let | | | | 1. California Health Care Foundation, Health Care Costs |
| me give you an example. | | | | 101 -- 2005. Mar 2, 2005. |
| On October 6, 2003, the hospital sent a bill to my | | | | 2. The Henry J. Kaiser Family Foundation, Employee |
| insurance carrier (Blue Cross of California) in the | | | | Health Benefits: 2004 Annual Survey. Sept 9, 2004. |
| amount of $11,569.20 for Inpatient Services | | | | 3. Simmons, H.E. and M.A. Goldberg, Charting the Cost |
| related to an uncomplicated c-section and a 2-day | | | | of Inaction. National Coalition on Health Care, May, |
| stay. My insurance carrier discounted the bill | | | | 2003. |
| by $9,869.20 to $1,700.00. This is the fair and | | | | 4. The Henry J. Kaiser Family Foundation, Health Care |
| reasonable amount they pay for this | | | | Worries in Context with Other Worries. Oct 4, 2004. |
| service. But wait, who paid? I did! This claim put me | | | | 5. The Henry J. Kaiser Family Foundation, The |
| over my deductible for the year by whopping $7.70. | | | | Uninsured: A Primer, Key Facts About Americans |
| The amount applied to a member’s deductible | | | | without Health Insurance. Nov 10, 2004. |