Andrew Cuomo Takes On Insurers

For example, Cuomo’s investigation found that in New York City, where a physician might bill $200 for a typical office visit, the amount the insurer would reimburse based on reasonable and customary rates was just $77. So a consumer who expects to pay 20 percent, or $40, for this hypothetical visit would actually get stuck with a bill for $138, because the insurer would only pay 80 percent of the $77 reasonable and customary rate—or $62. “I don’t think most people understand this,” says Ron Pollack, executive director of Families USA, a healthcare consumer advocacy group.  Read more