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Even better would be to limit what providers can charge to 105% of what they charge Medicare and Medicaid. You can put it in the Medicare contract with the prov
by mattmcknight 6y ago
Even better would be to limit what providers can charge to 105% of what they charge Medicare and Medicaid. You can put it in the Medicare contract with the provider that if you want to get paid by Medicare, you can't charge anyone more than Medicare. With about 50% of hospital and doctor spending coming from Medicare and Medicaid, they already have monopsony pricing power.
- brianwawok 6y agoWhat happens to an effective treatment Medicare pays under cost? Those exist and right now are subsidized by the higher paying private policies. Do these treatments just go away?
- mattmcknight 6y agoThe rates get renegotiated so they aren't being subsidized by the uninsured and those with poorly negotiated prices.