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re: Corporations like single payer because it keeps healthcare off the balance sheet
Posted on 7/18/17 at 6:22 pm to HailHailtoMichigan!
Posted on 7/18/17 at 6:22 pm to HailHailtoMichigan!
quote:
If every single health payment was based on Medicaid, nearly every medical sector provider would see huge decreases in revenue
That is the trade off that exists in stronger negotiated pricing for consumers. Private or public.
Now it is a bit more dynamic then that. If prices come down then more people will be able to afford consuming the product and more of it. So there is a bit of balancing act. But yeah, that is the basic relationship.
Posted on 7/18/17 at 6:24 pm to bonhoeffer45
quote:
That is the trade off that exists in stronger negotiated pricing for consumers. Private or public.
Let's say you achieve a cost savings of 20% with a public option (lol). How many people lose their jobs in this scenario?
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