Health Insurance Companies’ Bureaucracy
Regarding Health Care
Examples of items that are part of the complexities of U.S. health care financing.
- Premiums
- Co-pays
- Deductibles
- Percentage not covered by insurance
- Health care bills after the lifetime limit is exceeded
- Added costs for those burdened by medical expenses:
- Credit card interest
- Interest on loans to pay medical debts
- Results from dealing with health insurance companies
- Large billing departments of hospitals and other medical facilities
- Large billing staffs at physicians’ offices
- Businesses of all sizes needing to decide what health insurance company and plan to use for the next year
- Over 1300 health insurance companies, of which each of them are working to not only maintain and/or expand their operations, but also maintain and increase their profits; these companies are the reasons for most or all of the previous examples listed above
Examples of additional complexities associated with health insurance companies
- In-network and out-of-network medical professionals (such as physicians) and facilities
- Denial of health insurance coverage for a very long list of reasons and situations