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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: jerryab   😊 😞
Number: of 84360 
Subject: Re: Trump To Allow Crypto In 401K's...
Date: 08/13/25 3:37 PM
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However, if your insurance company told you there'd be a discount on your next premium if you picked Hospital A or Provider B you would take notice.

There is no incentive for the insurer to make such a choice. They are under a different set of legal obligations than any patient. The insurance company has ONE objective--to maximize their profit by being AS CLOSE AS POSSIBLE to the minimum medical expense payout amount that allows them to keep the FULL PREMIUM COLLECTED. If the payout falls BELOW the federally required medical payout amount, the insurer has to REFUND A PORTION OF THE PREMIUMS COLLECTED TO THE INSURED CUSTOMERS.

Plus, you--AND the insurance company--have omitted a third option. Medical tourism. Some businesses are now offering it as an option in their self-insurance programs. The company saves a lot of money AND the employee gets needed covered medical care *plus* vacation in one reasonably priced package--mostly/wholly paid by the employer due to massive savings realized by avoiding the overly-expensive US healthcare system.

I have posted this info on TMF several times over the years.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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