3 ms·
I think you misunderstood. The poster is saying that if the prices are as follows: Sticker price (uninsured people pay this): $5000 Insurance A in-network pric
by zimzam 10y ago
I think you misunderstood. The poster is saying that if the prices are as follows:
Sticker price (uninsured people pay this): $5000
Insurance A in-network price: $2100
Insurance B in-network price: $2300
Insurance C in-network price: $1800
Medicare price: $800
That anyone paying without insurance (cash) should be able to pay the $800 Medicare rate since it is the lowest rate. That's not asking for a cash discount but rather forbidding price discrimination.
- riahi 10y agoMedicare and Medicaid often reimburse below cost. Healthcare businesses make up the difference from private insurance. By forcing people to accept the lowest rate (which is not negotiated, but effect by decree), you absolutely destroy the funding for services. Good luck keeping any healthcare facilities open at those reimbursement rates. Medicare is allowed to set prices by fiat for physician and hospital services. It is barred by law from negotiating on medications. Perhaps the ire should be directed there.