4 ms·
Is anyone actually making money as a Medicare provider? I thought the private carriers were heavily subsidizing it?
by kansface 4y ago
Is anyone actually making money as a Medicare provider? I thought the private carriers were heavily subsidizing it?
- gen220 4y agoIt depends on what you mean by "making money", but yes. Basically, the "expected value" of a private insurance payout is usually not too different from the "expected value" of a medicare payout. The sticker price of a private insurance payout is very high. The accounting department of providers love the sticker price, because they can carry them forward as payable liabilities, but a large proportion of private insurer payouts and patient deductibles are never realized. Stark contrast to medicare.