So, I thought this is the way insurance worked: You pay your premium, along with a big bunch of people. From that money, the insurance company pays out the benefits. I figured one month they might come out ahead, another they might not. At any rate, I thought that is how it worked.
IMAGINE MY SURPRISE when I found out today that Greg's company is a "self-pay" company. That means they pay admin fees only to the insurance company, and then when I incur an expense, Greg's company actually pays that expense. OK? See where I was going wrong? I thought Anthem paid it out of the money they got in premiums. But, no. The company itself pays for all of those expenses.
Somehow that made a big difference to me. Since I thought it was Anthem making the decisions on whether or not to pay, I was tapping into that societal consciousness that sees insurance companies as the bad guy. Not that there aren't some problems with health insurance in our country, but I finally got some clarification today on why and how "normal and customary" payments are determined.
And since I think Greg works for a REALLY great company, I am even more willing to incur the additional expense I am having to incur. We have great insurance coverage and I appreciate the company's decision to take such good care of their employees.