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insurance companies

S-townMike as a Medical and Insurance Case Study for the Cavalcade of Capitalists

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I was going through our medical bills this morning and I found $264 dollars that the Vanderbilt Medical Center charged me for a test that according to my doctor ended up being "not processed properly as ordered." No where on the bill is the $264 credited. There was also a $45 blood test that did yield results according to my MD.

The Value of a Human Life: $129,000

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"insurance companies calculate that to make a treatment worth its cost, it must guarantee one year of "quality life" for $50,000 or less. "

Looks like they may have been undervaluing a bit.

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