This recent article from ProPublica and NPR, illustrates the failure of commercial health insurance. What are your thoughts? Please post your comments below.
Why Your Health Insurer Doesn't Care About Your Big Bills by Marshall Allen, from ProPublica and NPR.
HCACF Board member Michele Swenson writes: The article by ProPublica points to still more ways that insurers and hospitals game the system to bolster their bottom lines, while shifting the burden of higher costs to the third party insured. Health insurers will often contract with hospitals to pay higher fees for surgeries, etc., because a percent of the insurer's cost goes to profit – the higher the cost of a procedure, the greater the amount that goes to profit. Yet another reason to eliminate commercial insurance middlemen, and move to an equitable national public payer insurance.