A writer styling himself "hedgeless_horseman" offers a detailed article on how to negotiate with medical service providers, to reduce their bills by as much as 80% or more, if you're lucky. It's very long, but packed full of useful advice, and is worth reading - particularly if, like me, you're older, and can expect your medical expenses to increase. Here's a brief excerpt.
Primarily, this talk is to educate those of you that are, now, or may be, in the future, responsible for paying for your own healthcare. It is not directed at the nearly half of America that is now on Medicare, Medicaid, VA, Tricare, government employee insurance, etc., those whose healthcare expenses are the responsibility of the taxpayer, and who are essentially wards of The State. However, the conversation we are going to have should still be interesting for them, too, and God only knows how long that government gravy train will last, so all of you should really pay attention.
Like all the speakers at this first ZeroHedge Symposium, I am talking about how to, in many instances, remove the middleman, in this case the health insurance company, and how to negotiate directly with healthcare providers, specifically physicians, hospitals, diagnostic facilities, and pharmacies. This is a discussion about how to negotiate to pay less for healthcare, and not a discussion about how to not pay for healthcare.
. . .
You are going to need five things, which I am going to give to you, today, free of charge!
- Some absolutely critical industry vocabulary
- A clear understanding of how healthcare is priced in the USA
- Insight into to actual pricing
- A proven negotiation strategy, including:
- The point of contact
- Foreknowledge of what prices medical providers will usually agree to
- A sample offer and agreement
- The confidence to successfully negotiate
There's much more at the link. Informative and recommended reading.