The Mark Cuban Cost Plus Drug Company

Re:The Mark Cuban Cost Plus Drug Company by colechristensen on Wednesday January 27, 2021 @02:24PM (#25932665)

There is always an amount “billed” to insurance companies which is strictly imaginary. There is this billed rate, the negotiated rate per insurance provider, and a cash rate.

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Re:The Mark Cuban Cost Plus Drug Company by jjoonathan on Wednesday January 27, 2021 @04:30PM (#25934240)

> a cash rate

An equally imaginary number that gets hauled out during debates so that health care providers can pretend that insurance companies are the ones responsible for price inflation. If you actually try to obtain the cash rate, they'll give you a 2% "lol nice try" discount off the billed rate.

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Re:The Mark Cuban Cost Plus Drug Company by aj7 on Wednesday January 27, 2021 @03:05PM (#25933200)

So it winds up you pay for everything. Your “drug plan” too.

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Re:The Mark Cuban Cost Plus Drug Company by colechristensen on Wednesday January 27, 2021 @03:47PM (#25933716)

No, there’s just a base rate that nobody pays used as a negotiation tactic that’s still published on bills for whatever reason, you can see what your insurance provider actually pays as well.

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Re:The Mark Cuban Cost Plus Drug Company by aj7 on Thursday January 28, 2021 @12:46AM (#25938670)

I’ve seen that and I don’t always trust it.

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Re:The Mark Cuban Cost Plus Drug Company by SeanLuke on Wednesday January 27, 2021 @03:14PM (#25933319)

It depends on the drug. Under my insurance, I get certain drugs for $0.

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