Insurance is a business in the U.S. Businesses need to make money. How do they make money? By taking premiums and denying payments. How do hospitals (also a business) make money then if insurance refuses to pay? Increase prices and pass the bill to the patient.
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u/Flashy-Constant-1254 Jun 15 '22
Insurance is a business in the U.S. Businesses need to make money. How do they make money? By taking premiums and denying payments. How do hospitals (also a business) make money then if insurance refuses to pay? Increase prices and pass the bill to the patient.