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re: Corporations like single payer because it keeps healthcare off the balance sheet
Posted on 7/18/17 at 6:05 pm to oklahogjr
Posted on 7/18/17 at 6:05 pm to oklahogjr
quote:
I think costs go down with the ability have a stronger bargaining position with suppliers.
One of the humorous ongoing occurrences of doublespeak on the right centers around this. Where you will hear someone bitching about lower reimbursement rates from Medicare and Medicaid while even in the same paragraph trying to claim that government run programs are poor substitutes for private insurers.
Medicaid and Medicare get better prices for their members due to increased bargaining power, economies of scale, demand opportunity, and just the weight of the government's hand. Its why only about 70% of doctors take Medicaid because they negotiate higher rates with the lower leveraged and fractious private market. But higher prices mean consumers pay more. Its just basic numbers.
Posted on 7/18/17 at 6:09 pm to bonhoeffer45
quote:
Medicaid and Medicare get better prices for their members due to increased bargaining power
I'm pretty sure it's illegal to give a better discount than Medicare or Medicaid get. It may be why they have such "bargaining power."
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