Originally Posted by
Tero
As long as the healthcare is being paid by insurance, what difference would it make whether Medicare or private insurance pays for it? Would it not cost roughly the same, no matter what?
If you were adding say 30% more patients, then costs would go up.
Well for starters the overhead in medicare is 6% of costs as opposed to 30% when the efficiency of private coverage comes into the game. Then there is the simplification of medical billing and hopefully less "reject everything twice to make it go away before paying" make work positions in insurance.