Medical Care Expense – Understanding Your EOB (Explanation of Benefits)

Each EOB is specific to the provider (physician,lab) and the service they rendered. The format varies widely between insurance companies, but at a minimum an EOB should indicate the: provider, service date, actual billed amount, network discount, allowed amount, insurance portion, patient responsibility and deductible amount. I’ll discuss each of these terms. It is important [...]

Office Surgery Questions That Could Save Your Life

These days less and less surgery is being performed in hospitals and more and more surgery is being performed in medical offices outside of the normal hospital system. Think of these places as little centers that are set up by doctors themselves to perform minor surgeries much cheaper than at the major hospitals.
These things range [...]

Healthcare Costs Must Be Controlled by Patients

The debate on healthcare reform today revolves on how they could fix the waste in hospitals, doctor delivery, etc. But there is evidence to suggest that nothing is going to get fixed till the people who are requesting healthcare, the patients, have a direct stake in how much costs. The very best evidence of this I heard was from [...]