[grinin]

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I thought the same thing before, health insurrance is -EV and only necesary for those w/o a large enough BR. However, this fails to take into consideration the power that health insurrance companies have in negotiating lower rates. So their rake is mitigated.

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are you saying health insurance companies actually get better deals, enough to offset the costs of health insurance? I find this somewhat hard to believe, can you be more specific or provide evidence somewhere? I'm not saying you're wrong I want to believe you I just want proof. Would this fall under getting better deals on regular medicine, or would this fall under getting better deals if I needed to undergo multiple serious operations?



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A few years ago, my wife was hospitalized for 40 days, 10 of which was intensive care. The Hospital bill alone (not including doctors, specialists, x-rays, catscans, procedures, etc.) (ie; just room and board and nursing care) was $225,000. I owed the hospital $500 or some such amount from our deductible and I asked how much the Insurance company was paying of the rest and the hospital told me that their agreement with the insurance company had them paying something around $24K.