Sunday, April 26, 2009
Propaganda And Prejudice Distort The Health Reform Debate | Physicians for a National Health Program
Propaganda And Prejudice Distort The Health Reform Debate | Physicians for a National Health Program Medicare-for-all would save hundreds of billions every year. Private insurers expend enormous sums for insurer commissions, advertising, Wall-Street-scale executive compensation, and profits. In contrast, Medicare spends little or nothing on these unnecessary, unproductive activities. Health care providers and private plans struggle with thousands of different billing schedules. As the New York Times reported: "The average provider -- doctors or hospitals -- has between 5 and 100 reimbursement rates for the same procedure. . . . A hospital chain may have 150 rates for the same procedure."
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