You Actually Pay Higher Medical Expanses with Insurance

You Actually Pay Higher Medical Expanses with Insurance!!! How is is possible?

If you have been shopping for insurance

in the open market lately, you will probably realize that many of the medical insiurance today have high deducbile (in thousands) and don't cover the labs till the deducible is met. This means, you pay all of your lab bills till your medical expanses amounts upto thousands. Knowing not every has insurance and able to afford the medical cost, the labs normally give discuscounts to people who don't have insurance coverage, under the assumption that people with insurance will be covered by the insruance. What an assumption. Since the insurance don't really cover you, you actually pay more with inusrance!!!

Yet, another example of how messed up the whole medical insurance system is.

Disclaimer: This financial opinion is for informational purposes only and should not be considered as financial advice. We do not guarantee its accuracy or completeness, and any investment decisions made based on this opinion are at your own risk. Please conduct your own research before making any investment decisions. We are not liable for any losses resulting from the use of or reliance on this opinion.