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  #31  
Old 12-21-2016, 07:58 AM
Bobby Stoker Bobby Stoker is offline
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Quote:
Originally Posted by Big ole nasty fish View Post
companies make more money if they deny more claims
Not a safe assumption here
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  #32  
Old 12-21-2016, 09:13 AM
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I think they call this gofundme
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  #33  
Old 12-21-2016, 11:53 AM
Big ole nasty fish Big ole nasty fish is offline
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Originally Posted by JMO View Post
I know of one provider whi did this. In the 1980s. Now they just tell you to bring your copay and deductible with you to your appointment.
I found some articles that confirm my personal experience. Next time you go to the doctor ask if they will give you a discount if you pay cash versus using your insurance-- even if it is at a discounted in-network price.

http://articles.latimes.com/2012/may...rices-20120527

https://www.medibid.com/blog/2012/05...medical-bills/
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  #34  
Old 12-21-2016, 12:17 PM
Big ole nasty fish Big ole nasty fish is offline
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Originally Posted by Childish Gambino View Post
This thread on teambrella is relevant to the OP http://www.actuarialoutpost.com/actu...d.php?t=307959

Might be the one JMO was thinking of
Thanks for pointing to this. This is generally what I had in mind, although Teambrella may not have a good grasp of the behavioral economics involved
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  #35  
Old 12-21-2016, 12:19 PM
Big ole nasty fish Big ole nasty fish is offline
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Originally Posted by Bobby Stoker View Post
Not a safe assumption here
Again, where are the incentives? Is there more incentive to deny or approve? What is the optimal level of claims?
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  #36  
Old 12-21-2016, 12:22 PM
Big ole nasty fish Big ole nasty fish is offline
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Originally Posted by Marcie View Post
Something like this, Boniface?
https://mychristiancare.org/medi-share/
Yes, this is similar to what I had in mind, but these types of organizations are only allowed if they started prior to 1999 according to ACA, right?
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  #37  
Old 12-21-2016, 12:26 PM
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Quote:
Originally Posted by Big ole nasty fish View Post
I found some articles that confirm my personal experience. Next time you go to the doctor ask if they will give you a discount if you pay cash versus using your insurance-- even if it is at a discounted in-network price.

http://articles.latimes.com/2012/may...rices-20120527

https://www.medibid.com/blog/2012/05...medical-bills/
Those "cash price" are for non-insured, more like "charity". How will it work if everyone use that?
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  #38  
Old 12-21-2016, 12:56 PM
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Kalani Sitake Kalani Sitake is offline
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If you haven't, you need to read The Innovator's Prescription.
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  #39  
Old 12-21-2016, 01:38 PM
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Originally Posted by Kalani Sitake View Post
If you haven't, you need to read The Innovator's Prescription.
Does the author of that book know more than the OP about health insurance?
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  #40  
Old 12-21-2016, 03:28 PM
Locrian Locrian is offline
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Originally Posted by Big ole nasty fish View Post
And If aca is repealed? Are there other regulations involved here?
What JMO wrote would still be true without the ACA - lower claims ultimately leads to lower premiums. Denying claims is not a good route to profitability.

The basic premise in your OP is wrong. Try a different route to get to your preconceived conclusion.
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