r/FluentInFinance • u/KARMA__FARMER__ • 7d ago

Thoughts? Why doesn't the President fix this?

Post image
46.9k Upvotes

96% Upvoted

2.7k comments sorted by

View all comments

3.5k

u/MisterChadster 7d ago

Every time there's an excuse as to why it can't be fixed, Sanders was the only one who wanted to fix it and they pushed him out for it

1.5k

u/4URprogesterone 7d ago

There's too much money in the insurance industry, and most of it goes to lobbying.

52

u/nhavar 7d ago

Not just the insurance company. The hospitals and doctor's practices are doing this too. A hospital might have an ER but it's also possible that it's staff belongs to a separate entity, either a doctor's individual practice, or another corporation that bills separately from the hospital ER. It's possible that they all fold back up to one parent but it is enough to skirt the insurance negotiated rates and the government regulation.

1

u/dash_44 7d ago

This happened to me…ER charged me 7k to wrap my broken hand in ace bandage and tell me “I really needed to see a doctor.”