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re: Corporations like single payer because it keeps healthcare off the balance sheet

Posted on 7/18/17 at 6:17 pm to
Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 7/18/17 at 6:17 pm to
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 by the808bass
The Lou
Member since Oct 2012
111672 posts
Posted on 7/18/17 at 6:21 pm to
quote:

Even if this were true


It is true.

quote:

then by this logic you would expect the private market to be damn close, like right up to the line. But they aren't.


Like if Medicare allowed $70 per average physician office visit, then a private insurer would pay a whopping $76 per average office visit. Amazing. Night and day.
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