Seeking Alpha

LeoTheDog » Comments » AET

  • 'Blue-Dogging' Health Care [View article]
    No, imagine a government run program like the Marine Corp. Or, on a more realistic level, a government run healthcare system like TRICARE (an existing government run healthcare program deemed good enough for our soldiers and the "finest available" according to Bill Kristol).

    Oh, and under the guise of "fraud and abuse" they spend money seeking ways to not pay legitimate claims too....


    On Jul 29 03:01 PM levin70 wrote:

    > To the OP
    >
    > There is a reason that private companies spend on G&A. They
    > spend significant sums on fraud detection and prevention. They happen
    > to do a much, much better job at it than medicare does. Not only
    > that, but you introduce a medicare type system that mandates reimbursement
    > at lower rates than what the system charges those in private policies,
    > and those private policies go away. What's the problem with that
    > - well then, 20% of the hospitals and 20% of the doctors go away
    > with them. They don't want to make less than what they are making
    > now and having to work twice as hard to get reimbursed 300 days later
    > than private paying suppliers.
    >
    > Imagine a gov't run program to devlier healthcare that turns into
    > the DMV.
    >
    > Yeah, because thats exactly what I want.
    Jul 29 15:47 pm |Rating: +6 0 |Link to Comment
More on AET by LeoTheDog
Comments by Ticker
LeoTheDog's
Comments Stats
40 comments
Rating: 79 (155 - 76 )