undefined | Better HN

0 pointsadgjlsfhk11y ago0 comments

The fundamental difference between Anthem and Medicare is that when Medicare cuts reimbursement, that cost isn't passed on to patients, but when Anthem does, it is. Medicare's rates are arguably too low, but low Medicare rates are getting a good deal for the country. Low Anthem rates are passing costs onto consumers and profits onto shareholders.

0 comments

tptacek1y ago

That is not how any of this works. Insurers and health chains are in a continuous process of rate-sheet negotiation, and the result of that negotiation is reflected in your premium costs. Most people's out-of-pocket costs are capped, and even the most routine surgeries (like a tonsillectomy) exceed the out-of-pocket cap (I checked! This is a number people report.)

This is about the trade association for anesthesiologists deputizing angry people on Twitter to go to bat for them overcharging for their services.

j / k navigate · click thread line to collapse

0 pointsadgjlsfhk11y ago0 comments

0 comments

tptacek1y ago

This is about the trade association for anesthesiologists deputizing angry people on Twitter to go to bat for them overcharging for their services.

j / k navigate · click thread line to collapse