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To: devere

The answer to Medicare is to cut costs for hospitals and medicine through open transparent bidding. Trump tried to get that started but the GOO establishment, servants of big medicine and big pharma, blocked him.


4 posted on 01/20/2023 6:49:10 PM PST by 6thavenue
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To: 6thavenue

Hahahahahahaha

Sorry spent years working in health care delivery and insurance.. transparent pricing isn’t going to do Jack crap.. nice conservative talking point but utter BS.

On average a person spends 80% of what they will spend on health care for their entire lives in the last 2 years of their life… which for the massive majority of Americans is when they are on Medicare.

Transparent pricing sounds nice, but it won’t move the needle a single fraction of a degree.

Company I worked for increased their profits by multiple tens of millions of dollars, not through competition, but through getting better at coding Medicare for reimbursement. Didn’t do anything different in terms of health care delivery but made tens of thousands more in revenues and profits by becoming better at coding Medicare reimbursement.

US is effectively a single payer system, pretending it’s not… 80-90% of revenues come from Medicare payments not private insurance payments or cash payments from individuals.

Sorry folks I know it pops the ideological bubble, but competition and free markets do not drive the health care system.


54 posted on 01/20/2023 8:57:49 PM PST by HamiltonJay
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