[creaghpatr]

What is happening in this scenario is a re-distribution of wealth. The costs of subsidizing Medicare and Medicaid, programs which would collapse without the subsidy of private insurance pricing, are financed by the rich- including this nobel winner who will redistribute his asset(s) to those in need (Medicaid beneficiaries). That is the 'socialist aspect'.

If you'd like to learn more about how hospitals that serve Medicare/Medicaid patients need additional taxpayer funding to remain financially solvent, you can look at the statistics around Disproportionate Share Hospitals (DSH).

https://www.medicaid.gov/medicaid/finance/dsh/index.html