Half the value of health insurance is the discounted amount "allowed" by the insurance company. Look on your statement- I'll bet you already got a discount of more than 20%. So the 20% discount for cash just brings the cash customers a little more in line with what the insureds are paying.
Why not just price it lower in the first place? Because the guvment pays the list price when paying for the po' folks through various guvment programs.
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Today's Featured Article - The Collection of a Lifetime - by Sherry Schaefer. The larest gathering of orphan tractors ever assembled by one collector will be auctioned off on May 15 in Rock Island, IL. Ed Spiess was a well known tractor buff who spent most of his time dreaming of rare and unknown tractors. His background as an agricultural engineer sparked his interest in the unique attributes of the models built from 1939-1959.
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