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Hospitals negotiate for the rate with the insurance companies, including Medicare. They don’t have to accept Medicare payments at all. It is the right price bec
by chrisgd 7y ago
Hospitals negotiate for the rate with the insurance companies, including Medicare. They don’t have to accept Medicare payments at all. It is the right price because that is what the group with the most bargaining power says it is. That doesn’t mean Humana should pay less, but should work harder to add people. Maybe there is a way for one entity to have all the people?