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by showerst
4723 days ago
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Medicare and Medicaid pay less than the private insurers (usually), and far less than the (wholly insane) charges to the uninsured. Generally the government pays a standardized cost plus some set profit margin, which is usually less profitable per procudure It's very easy to do the accounting to make the government look very efficient and reasonable, or look like it requires a bankruptcy-inducing level of loss, depending on your politics and the field of medicine. What I _think_ this statement is really inferring is that they refuse to take medicare/aid and pay the government's lower rates, and thus raised their margins and bottom line, allowing for better care. This is a pretty standard conservative view of health care provisioning, and I'm surprised that it was allowed into a news story. The whole piece here reeks of being a politically slanted press release, which is embarrassing since it's actually an interesting story, and an editor could've just changed a few sentences to keep a more neutral POV. |
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