Diving into the world of car insurance can reveal some truly fascinating insights. Here are five that might just make you rethink everything you thought you knew about this industry. It might come as a surprise, but auto insurance companies often provide police departments with laser guns, more challenging to circumvent than traditional radar guns. … Continue reading 5 Mind-Boggling Facts about Car Insurance
In 1940, an insurance agent sold…
In 1940, an insurance agent sold an $800K policy on the Tacoma Narrows Bridge and secretly pocketed the premium, believing the new bridge to be indestructible. The bridge collapsed spectacularly 4 months after opening, and the agent was jailed for fraud.
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Modern fire departments were the creation…
Modern fire departments were the creation of insurance companies. Insurance companies hired private brigades to put out fires for their policy holders. Each insurance company had their own brigade and would extinguish the fires of their customers while leaving non-customer properties to burn. 00
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Michael Jordan Opens a Clinic for Patients with Little or No Health Insurance in North Carolina
Some call Michael Jordan the greatest basketball player of all time, and while he still remains in the game as owner of the Charlotte Hornets, he has also shifted his focus to helping out the needy in North Carolina.
Jordan recently opened the first of two clinics that he funded in Charlotte. The Novant Health Michael Jordan Family Medical Clinic will serve the Charlotte community and will help uninsured and underinsured residents.
Jordan became emotional at the opening of the facility, saying, “As you can see, it’s a very emotional thing for me to be able to give back to a community that’s supported me over the years.”
“It’s not about the money. It’s not even about the name.” Michael Jordan at the opening of the @novanthealth Michael…
Posted by The Charlotte Post on Thursday, October 17, 2019
In 2017, Jordan committed to donating $7 million to open two clinics in Charlotte to provide healthcare to communities and people with little or no healthcare – and he followed through. The clinic will not only provide typical healthcare, but will assist patients with behavioral health and social services as well.
The Novant Health Michael Jordan Family Medical Clinic is open for business!3149 Freedom Drive Charlotte, NC 28202 pic.twitter.com/gbS2AzZInA
— Novant Health (@NovantHealth) October 17, 2019
Carl Armato, President and CEO of Novant Health, said, “This clinic will not only provide access to medical care for those who need it most, but it will connect them to resources to ensure their health extends beyond the doctor’s office.”
Novant Health Michael Jordan Family Medical Clinic
#MichaelJordan stopped by our new Novant Health Michael Jordan Family Medical Clinic to get his #FluShot. We recommend everyone get their flu shot – and early! For more information about the clinic he made possible and its services, visit NHMichaelJordanClinic.org. #FluShotFriday
Posted by Novant Health Hemby Children's Hospital on Wednesday, October 23, 2019
The site of the first clinic was specifically chosen because the location is in a part of Charlotte that is shown to have a high need for medical care. Area residents were also given a voice in the planning; they were consulted at meetings and forums so that Novant could learn what residents were specifically looking for from a healthcare facility in their neighborhood.
An emotional Michael Jordan opens a medical clinic for uninsured and underinsured people in Charlotte, NC. "This is just the start of a battle of being able to touch as many people as we can." #Awesome https://t.co/dHYhVenaw6
— Matt Burdetsky (@MattBurdetsky) November 6, 2019
Jordan added about opening the clinic, “I believe that your ZIP code or neighborhood should not determine the quality of your health care – or whether or not you can even get care at all.”
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This Man’s Astronomical Hospital Bill Paints a Sad Picture of Healthcare in the U.S.
If you live in the U.S., affordable healthcare is pretty much unheard of. If you’re unlucky enough to suffer an emergency while uninsured (or underinsured), you’re pretty much screwed, as one man’s stunning hospital bill shows.
A user on Reddit posted a photo of the itemized bill that he received after an infected knee sent him to the hospital for a month. The total adds up to more than half a million dollars.
$618,967.78, to be exact.
The bulk of the cost was for “room & care,” which totaled over $300,000. That means just occupying a bed in the hospital cost this man about $10,000 per day, which is truly unconscionable.
But the ridiculous prices don’t end there. Anesthesia adds up to almost $18,000, lab work is over $25,000, and medication is over $92,000. There are also sky-high costs for lab services, medical supplies, surgery, and even food.
This particular man happened to be insured when he suffered this injury. The insurance company paid for nearly the entire bill; he owed just $21 out of pocket.
Still, the fact that these services cost so much in the first place is shocking. It’s hard to even make sense of it.
“Is there any logic to these numbers or did someone just mash the keyboard?” one commenter asked.
Many Redditors pointed out that this experience is distinctly American. Healthcare in other countries sure ain’t perfect, but medical costs are never this high, whether one is insured or not. Many people in other countries were aghast that this is the situation in the U.S.
“It gets to a point where all you can do is laugh,” another Reddit user commented.
“It might have been cheaper just to amputate,” another joked.
Sigh!
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MIT lawyers did not patent…
MIT lawyers did not patent turn-by-turn in-car navigation in 1989 because “This will never happen.. because the insurance companies won’t allow it”. 00
Over 50 of the largest life insurance companies…
Over 50 of the largest life insurance companies in the US are being sued for not paying claims on millions of policies. In many cases the insurers knew the client was deceased and continued collected premiums via policy loans which would cause them to lapse over time. 00