Sorry to disappoint most of you but this is not about Obamacare. This is about present health care insurance companies. It is true example how they operate in a free market economy with disregard to human factor.
A person that I know very well went to hospital for surgery. His insurance plan has $2,000.00 deductible.
When hospital bill came in it stated that charges were $46,000.00. Adjustments were $-10,500.
I guess that this number is what insurance co. knocked down from hospital charges, and people without insurance would be obligated to pay no matter what. Here is the kick. Insurance co. paid everything except $5,000.00.
This leaves a patient with $3,000.00 in the hole. So what is a purpose of having insurance?
The policy did not state that there will be more charges to patient than $2,000 deductible.
I know that government should not regulate private business but this is different story. I believe that
health care insurance companies should be regulated and if push comes to shove, the whole system should be change to a single payer system.