EOB

[Guest guest]

Dear Bobby,

In the EOB from Medicare, the amount that Medicare approves is discounted 20%;

they pay 80%. Add the two together and it comes out to the amount Medicare

approves. It doesn't matter what they charge, even the insurance companies

bargain with them. Your secondary pays that little sum that Medicare doesn't

pay, so it comes up to 100% of what Medicare covers when you combine the two. I

would suspect that the reason they charge such exhorbitant sums is because they

know they are going to get discounted anyway. I think it's all a big game. I

saw in the paper tonight that it would cost $1 trillion to pass the health care

system they are arguing over and it still would not cover millions of people.

My 2 cents for today,

xoxox

Lottie