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But ... doesn't medicare do a more effective job negotiating than the private insurance companies? Like, my understanding is that typically for a given procedur
by abeppu 7y ago
But ... doesn't medicare do a more effective job negotiating than the private insurance companies? Like, my understanding is that typically for a given procedure medicare pays the least, private insurance pays somewhat higher, the uninsured pay way more.
- lotsofpulp 7y agoUnfortunately, the voters of the US have determined only people over 65 are eligible to receive that pricing. Medicare might pay the least, but I assume they must still be a net profit center if healthcare providers accept them.
- aabeshou 7y agovoters of the US overwhelmingly support universal healthcare and a majority supports medicare for all. it's not the voters. it's the politicians who are bought and who deceive voters into thinking they are on their side, who tell lies about what things are possible because it hurts their donors. Clyburn, the congressman from South Carolina whose endorsement arguably delivered Joe Biden a landslide victory, has received millions of dollars from big pharma [0] [0] https://khn.org/news/democrats-taking-key-leadership-jobs-have-pocketed-millions-from-pharma/ https://khn.org/news/democrats-taking-key-leadership-jobs-ha...
- refurb 7y agoMedicare does a better job of "negotiating" because they aren't really negotiating. The gov't simply passes a bill that says "Medicare will pay $X" and providers are left to either accept it or not take Medicare patients.