3 ms·
Maybe it's naive, but I always thought that Medicare played a big role in our inflated healthcare costs. Think about it: the number one demographic using the sy
by jjordan 8y ago
Maybe it's naive, but I always thought that Medicare played a big role in our inflated healthcare costs. Think about it: the number one demographic using the system has most/all their expenses covered by an entity that doesn't care how much things cost. Doctors and hospitals then price accordingly, and everyone else paying out of pocket gets screwed because the system is priced to favor its biggest users, who never see the bill.
- conanbatt 8y agoThis concept of "Cost shifting" exists, but there is some academic debate if its actually whats happening. Medicare also does something invisible to the patients: it pays the least and has the highest stringent requirements for providers. You need to be up to code to the last detail, you will be under scrutiny for your documentation, you have no bargaining power and medicare pays 20-50% less to providers than private insurance. It is also not the same as PPO's (which most employees in HN must have) you will have a lot fewer options for care. (remember, you can only get a doctor that collects a much smaller fee, so forget about swanky offices and convenient locations)
- yardie 8y agoMedicare is very cost conscious. So much so that some care providers would rather not accept it.