|
|
|
|
|
by chimeracoder
3590 days ago
|
|
> Because it's worked pretty well for Medicare and Medicaid? Large portions of both were privatized through Medicare Advantage and Managed Medicaid. The gov't pays private companies a flat rate per patient who selects their plan. Yeah, Original Medicare is pretty awful - I wouldn't recommend it to anyone who's able to get a Medicare Advantage plan. It's not just the cost-of-care and the overall expense to the patient (even though Medicare Advantage tends to win out on both of those aspects as well). It's that Original Medicare is a horribly frustrating experience for the patient as well. Of course, most people (especially most people under the age of 65) don't understand the difference, and when they think about Medicare, they think of a publicly-run program, even though around 40% of the Medicare population is on a Medicare Advantage plan. |
|