John Pickering on the underinsured
Milliman principal John Pickering was quoted by CNN Money today in an article about how the underinsured are affecting the cost of healthcare for all Americans. In John’s words:
“If the underinsured can’t pay the bills, the hospital either writes it off as bad debt or shifts the cost to its charity care program,” said John Pickering, principal and consulting actuary with consulting firm Milliman Inc.
“It’s a vicious cycle,” said Pickering.