Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: jeffc; All

There is no “open market”....government pays for 70% of healthcare. And there are dozens of prices for each service/procedure...the “retail”/cash payer price the Medicare price (usually about 20% of retail), the Medicaid price (even less than Medicare), the Blue Shield price, the Aetna price, the United Healthcare price, etc., etc. etc.. The privately insured pay extra to cover the reduced payments from the 70% of billing paid by the govt..


14 posted on 01/12/2024 2:02:43 AM PST by Drago
[ Post Reply | Private Reply | To 12 | View Replies ]


To: Drago

My bad...the govt. pays for about 65% of the population’s medical coverage/care:

https://crsreports.congress.gov/product/pdf/IF/IF10830

I had heard 70% mentioned somewhere but that is high.


15 posted on 01/12/2024 2:15:11 AM PST by Drago
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson