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Healthcare payments should all be cash pay, taking insurance companies out of the equation.
Drawn from what Mark Cuban said
What Mark Cuban actually said
- Mark Cuban American entrepreneur and investor
All Payments are Cash Pay – The cost of administering and managing payments is astounding. Many estimates are 20 to 30 percent. Most of that is because of the never ending battle between Insurance companies and providers and patients to collect money We could add another 10 percent to account for fraud, overbilling and upcoding and upcoding. Across 5 Trillion dollars. That’s real money.
Where this was said
↗A Few Words On Healthcareblogmaverick.com
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