• @[email protected]
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    21 year ago

    It’s like

    – Arms dealer: Each tank cost me 500,000 dollars to make. Give me 5 billion for each.

    – Let’s negotiate. How about 500 million instead?

    – Arms dealer: Fiiine, but only because you’re a good client.

    • @[email protected]
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      11 year ago

      This is legitimately how it works in the US between insurance and pharma/medical.

      I just had a baby and I added up the total bill from the hospital and it was $100,000. We were in the hospital for 3 days. My insurance “negotiated” it down to $26,000, and I paid $3000.

      The $100,000 is completely made up from the beginning. Pharma and medical just slap big ass ridiculous numbers down, then the insurance fake negotiates down to a still completely ridiculous number, then that cost has to get eaten by people who pay into insurance, which is basically everyone.