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re: Thomas Gallatin: Obama Doubled Your Healthcare Premium
Posted on 5/26/17 at 7:14 pm to texashorn
Posted on 5/26/17 at 7:14 pm to texashorn
quote:
I wonder why. Please don't be so dense.
Because they lack the leverage the government has in negotiations. They also have lower administration costs.
You can try and argue we should be paying what the private reimbursement rate over the Medicaid rates in all areas, but to do so intrinsically admits that private insurance is going to be more expensive.
This is the catch-22 I was speaking about. You can't simultaneously argue the private market delivers a cheaper consumer product when they pay more in administration and pay more for all the goods and services in it. The math just doesn't add up.
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