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How Hospitals Are SCAMMING YOU

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Don’t you get the feeling that there is little difference left between five star hotels 🌟 and the so-called state-of-the-art hospitals?
Both give five star service, and if you are not aware, these hospitals charge a bomb & too, sometimes even double the average cost. 💣
Yes, you guessed it right.
The insurance companies don’t like it. * They put a clause called “US” or “usual, reasonable and customary” clause. ❎
Meaning, they will only cover the average cost for that kind of procedure in your geographical area.
A difference of 10-20% percentage is fine, but not beyond that. This is why so many claims get settled only partially. ( And it is difficult to fight for the exorbitant cost that the hospital charged you. 🏥
➡️ So next time you have a planned procedure, make sure to have a rough estimate as to how much such a procedure costs in your area. You can then choose the hospital accordingly !
#financewithsharan #healthinsurance #insurancetips #insuranceagent #lifeinsurance #moneytalks #moneymotivated
Both give five star service, and if you are not aware, these hospitals charge a bomb & too, sometimes even double the average cost. 💣
Yes, you guessed it right.
The insurance companies don’t like it. * They put a clause called “US” or “usual, reasonable and customary” clause. ❎
Meaning, they will only cover the average cost for that kind of procedure in your geographical area.
A difference of 10-20% percentage is fine, but not beyond that. This is why so many claims get settled only partially. ( And it is difficult to fight for the exorbitant cost that the hospital charged you. 🏥
➡️ So next time you have a planned procedure, make sure to have a rough estimate as to how much such a procedure costs in your area. You can then choose the hospital accordingly !
#financewithsharan #healthinsurance #insurancetips #insuranceagent #lifeinsurance #moneytalks #moneymotivated
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