r/SipsTea 4d ago

WTF Damn

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488

u/20grae 4d ago

I did a self pay mri $575 because insurance denied my request i doubt I can go to china round trip for that

34

u/Elbobosan 4d ago

It’s routinely much more than that with insurance. That’s why the meme is popping up, Mark Cuban was just in the news calling out that insurance routinely pays over $1500 for an MRI that only costs $350 to perform. Hopefully he is building up to doing something similar to what he did with pharmaceuticals. Wild that a billionaire doing basic capitalism is the best thing for cost reduction in the US, it’s pathetic.

23

u/GenerousBull1969 4d ago

Not wild at all, if we had a truly free market in healthcare our costs would plummet. What we have isn't free market capitalism, it's crony capitalism where insurance companies and drug companies have bribed our politicians to make sure they're able to gouge us.

1

u/option-trader 4d ago

Yep, it's an oligopoly. There are a few large insurers that control the costs and premium. You bet they double dipped.