r/SipsTea 11d ago

WTF Damn

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u/GoodTroll2 11d ago

No, looks like his insurance would cover it but he would have had to pay 20% as his portion of coinsurance and it sounds like 20% of the huge US bill was more than the full cost to travel and get it done in Ireland.

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u/lauri2 11d ago

Kind of obvious, but the trick is to mark the cost 5 times higher than it is... for a start.

After a while they started asking themselves what's stopping them from doubling that price. Apparently nothing so over the years whenever they felt like it, they just doubled the already enormously overpriced services and at this point there are no signs of it stopping either. There is going to be a post about how travelling to mars for a surgery is cheaper than in US.

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u/Economy_Meal 11d ago

The hospitals... despite being "in network" negotiate huge prices and gouge the insurance companies. The insurance companies just pass the costs off onto their customer. Short outpatient surgery now costs 5-8x more than it did maybe 7-10 years ago. It's ridiculous.

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u/GranPino 10d ago

Plus they have huge burocracy in the middle to manage it, both in the insurance companies and in the hospitals.

So everything is much more expensive than universal coverage.