Unformatted text preview: have to pay out of pocket for certain products, and it becomes a supply and demand situation where the consumer is getting ripped off. Another problem that is being seen is greed from the hospitals along with other medical treatment providers. They can raise prices as they want to make a profit, and make insurance companies have to pay ridiculous amounts of money for on specific treatment. In return this makes the insurance company mostly increase their rate that they get paid from the consumer, or they will drop the patient from their coverage making it hard for that patient to find another provider. These things impact the society in great ways where the people get the raw end of the deal. Typically they will have to make payments to hospitals in order to pay them off, and in the long run ruins the people as they are paying excess money where an insurance company should have taken over....
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This note was uploaded on 07/17/2011 for the course HCA 210 taught by Professor Timbouseman during the Spring '10 term at University of Phoenix.
- Spring '10