this post was submitted on 07 Jan 2025
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politics

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How is this not bigger news?! This is life changing for a great many Americans.

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[–] TranscendentalEmpire@lemm.ee 6 points 2 days ago

Providers are going to look at this uncollected debt and see it as unrealized profit. In their minds, they "deserve" to make $X million in profits, and if those unpaid bills cut into that, they are just going to raise prices accordingly

Lol, my dude. Providers have nothing to do with how much you are charged. As a "provider" the only association I have with your insurance or payment is to make sure I input the correct icd-10 codes.

Medicare largely sets the basic price for healthcare in the US because it's the largest insurance pool. If you are charged more or less than the Medicare allowable it's because your insurance company and a hospital administrator have made a contract behind closed doors.

if those unpaid bills cut into that, they are just going to raise prices accordingly (along with a little extra) to make up for it. This means that insurance companies will be paying more, and those who can afford to pay in the first place will be charged more as well.

We are already doing that for people who lack insurance and are therefore reliant on emergency medicine for basic healthcare needs. Most of a hospitals funding brought in by specialty departments like orthopedics goes directly into funding their emergency medicine departments. Uncollected co-pays or deductibles are just a drop in the bucket that most practitioners would love to write off if allowed (insurance companies mandate that we collect these to dissuade people from utilizing their insurance).

customers are ultimately not going to be held accountable for the debt, we need to switch to a universal healthcare system, because the system as it is isn't sustainable.

The system isn't sustainable as it is......Hence the extreme rise in cost for healthcare. Private insurance can only remain in solvency by denying care to their neediest subscribers, or by offloading them onto socialized systems when they become chronically ill.

the government isn't going to pay, and the insurance companies aren't going to pay, and the customers either can't afford to pay or just don't bother to because they can't be held accountable, who's going to?

It's almost like for profit healthcare is a bad idea.........