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#17
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![]() Quote:
Medicare is a piece of cake compared to that. If doctors offices only had to deal with one insurance reimbursement agency, rather than multiple different ones, they would be thrilled! Insurance companies only pay "what they think is fair" (or what they negotiate with the network the doctor is in) exactly as the Medicare network does. And that nice huge profit margin goes, not to us, but to the insurance company. Medicare costs only about 9% for administration, and that is comparable to what other first world countries cost to insure their citizens. Private insurance companies are 17% of our GDP. That's outrageous. That's why we have the most expensive health care in the world - without even having all our citizens covered, and without providing the best outcomes in the world! Except Obamacare just changed one thing: now insurance companies must spend 80% of patient premiums on patient health care - not insurance company profit.
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts |