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The True Cost of Healthcare Savings: Cost-Cutting by Insurance Companies Disadvantages Patients
As the cost of providing medical care has increased dramatically in recent years, some healthcare providers resorted to overcharging insurers for out-of-network care needed for emergencies or specialized treatment. To purportedly control such costs, insurers turned to data analytics firm MultiPlan to reduce the amounts they were eventually required to pay. Rather than fixing the problem, however, this shifted the financial burden of these providers’ high rates to patients.
Featured Articles
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What is Emotional Distress?
What is Emotional Distress? Emotional distress refers to the mental suffering or psychological anguish caused by a traumatic event, negligence, or intentional harm. It.
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What is Duty of Care?
What is Duty of Care? Duty of care is a legal obligation requiring individuals, businesses, and organizations to act with reasonable caution to prevent.
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What is Fault Determination?
What is Fault Determination? Fault determination is the process of establishing who is responsible for an accident or injury. In personal injury cases, determining.
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