rmrm
Joined 16 years ago
Joined 16 years ago
Is the fed going to monetize their debt as well?
Demand shock is leading to a loss of places to put it, so the price must fall to a low enough price to make it profitable to pay increasing amounts to store it until its worth something.
The price war has depressed the price enough that to keep revenue up companies must continue to pump flat out.
Quite a nasty scenario to find oneself in.
This virus and fallout went directly to the main street economy (of the entire world at same time) and stopped it cold.
I think its entirely unknown what the ultimate ramifications are of this cold stop to the world economy. But I see no reason to think its not bigger than 2008.
1. Even in the event of Emergency visits to in network hospitals, one is often charged out of network fees if one of the doctors present is out of network. Which one is not notified of and has no say over, regardless. So going to an in nerwork hospital (which is the best one can do to align to their plan) means nothing.
2. When charged out of network, it most certainly does not mean only the coinsurance rate changes, you are also charged 10 to 50× more. So you are charged say 40% of $5000 rather than 20% of $300. Again, at an in network hospital.
3. Out of pocket max differs dramatically in network to out of network, in some plans going away completely in out of network scenario.
What you are saying above is not just a minimization its completely misleading and wrong.