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most of the complexity around this issues is due to the fact that most private insurers follow the incredibly complex medicare billing system/codes
by cascom 8y ago
most of the complexity around this issues is due to the fact that most private insurers follow the incredibly complex medicare billing system/codes
- dv_dt 8y agoUh medicare is more efficient than private insurance, despite having it's hands tied by current legislation keeping it from negotiating drug prices. Medicare also takes on the oldest in the population demographic, needing the most and highest cost care that the private insurance companies are then relieved from managing. https://www.healthaffairs.org/do/10.1377/hblog20110920.013390/full/ https://www.healthaffairs.org/do/10.1377/hblog20110920.01339... "The private insurance equivalent of Medicare would cost almost 40 percent more in 2022 for a typical 65-year old." Medicare for All would make medicare even more efficient.
- cascom 8y agoYou’re completely right and wrong at the same time. Since Medicare reimbursements are so much lower than private insurance - the consequence of moving to all Medicare would have immense consequences, and the dollars removed would Largely need to be replaced, or quality and access to care would be dramatically impacted
- lstroud 8y agoHave you personally dealt with Medicare? Efficient is not a word I would ever use to describe it.