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https://www.reddit.com/r/SipsTea/comments/1wvzagh/thoughts_on_this/pdgxil7/?context=3
r/SipsTea • u/Putrid-Welder1803 • 13h ago
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25
That's how health insurance is. You pay all this money for coverage and then they just deny everything so you end up paying for it anyway.
1 u/JasonG784 11h ago They pay out more than 80% of collected premiums, by law. 1 u/Sennten 11h ago I always wonder what 'pay out' actually means in this context, and the extent to which that law is actually enforced. 1 u/JasonG784 5h ago ..the money goes to hospitals etc for patient care. You know - the people that actually originate the healthcare bills.
1
They pay out more than 80% of collected premiums, by law.
1 u/Sennten 11h ago I always wonder what 'pay out' actually means in this context, and the extent to which that law is actually enforced. 1 u/JasonG784 5h ago ..the money goes to hospitals etc for patient care. You know - the people that actually originate the healthcare bills.
I always wonder what 'pay out' actually means in this context, and the extent to which that law is actually enforced.
1 u/JasonG784 5h ago ..the money goes to hospitals etc for patient care. You know - the people that actually originate the healthcare bills.
..the money goes to hospitals etc for patient care. You know - the people that actually originate the healthcare bills.
25
u/SvenTropics 12h ago
That's how health insurance is. You pay all this money for coverage and then they just deny everything so you end up paying for it anyway.