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re: Corporations like single payer because it keeps healthcare off the balance sheet
Posted on 7/18/17 at 6:09 pm to bonhoeffer45
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."
Posted on 7/18/17 at 6:12 pm to the808bass
If every single health payment was based on Medicaid, nearly every medical sector provider would see huge decreases in revenue
Posted on 7/18/17 at 6:17 pm to the808bass
quote:
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."
Even if this were true, then by this logic you would expect the private market to be damn close, like right up to the line. But they aren't.
Now I want to say that this is not me endorsing the totality of how and how much Medicaid/Medicare reimburses. It is just to say that they are effective at getting lower prices.
Posted on 7/18/17 at 6:21 pm to the808bass
quote:
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."
^^^
This is true
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