Tuesday, February 26, 2013

Medicare Best At Cost Containment

Simply Left BehindThe Non-Rapturist's Guide To The Galaxy: Bad Medicine
...We all know stories of the aspirin that costs $5 a piece, and we're told its because there's overhead and salaries and equipment to cover. Brill demolishes that shady defense, and points out that most of the money lines the pocket of shareholders and executives of hospitals, doctors' groups and insurers.

As I said higher up, insurers almost look like they're getting scammed, except Medicare. Brill lays out a very strong case for single-payer healthcare, pointing out that Medicare/Medicaid actually get the most cost-effective "bang for the buck" of any insurer out there...and they are still mandated to cover a comfortable profit margin for healthcare providers.

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