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As a doc I can certainly tell you that all 3rd parties have requirements that I have to meet, not just Medicare. And what that does effectively is raise my overhead, not my prices. Prices are mostly preset by those 3rd parties, +/- a bit of negotiation.
Thanks for the response.
Your prices are preset by 3rd parties. But whatever portion you take out for yourself and operations/staff pretty much remains the same.
If you don't mind answering, what percentage of what is billed is 3rd party overhead versus your portion to run the practice?
Your prices are preset by 3rd parties. But whatever portion you take out for yourself and operations/staff pretty much remains the same.
If you don't mind answering, what percentage of what is billed is 3rd party overhead versus your portion to run the practice?
We docs don't normally have outrageous billings like hospitals. Billings are an illusion when there are preset reimbursements. Overheads for office practices are on the order of 50% of revenues actually received. Broadly speaking maybe 10% of that overhead is 3rd party related.
We docs don't normally have outrageous billings like hospitals. Billings are an illusion when there are preset reimbursements. Overheads for office practices are on the order of 50% of revenues actually received. Broadly speaking maybe 10% of that overhead is 3rd party related.
I'm assuming in there somewhere is the overhead required to hire and pay an extra body in your office to deal with all the insurance paperwork, is this correct?
I'm assuming in there somewhere is the overhead required to hire and pay an extra body in your office to deal with all the insurance paperwork, is this correct?
That would be related to 3rd parties. But no major increase in expense compared to years ago due to the emergence of electronic billing.
all this banter about Medicare for All but nobody can answer where the 30 TRILLION it will cost over 10 years is coming from. You could disband the military and it wouldn't make a dent in it.
Quote:
Originally Posted by FirebirdCamaro1220
The same money that people are paying private insurance companies, deductibles and copays now
You're going to be a little short in that case, like almost $40 trillion, because that cost estimate of $32.6 trillion is all new spending over and above what we would be spending if we leave things as they are. Charles Blahous, who made the original estimate, testified before the House in April saying:
Quote:
Medicare for All’s total federal spending price over the next ten years would amount to between $54.6 trillion and $60.7 trillion.
Do you have a problem with Medicare? That's a government run healthcare system. And BTW, not having bogus parades would be a start in using money toward actually helping the people of this country. And also BTW, 70% of people support healthcare for all. https://www.cnbc.com/2018/08/28/most...e-tuition.html
That 70% support drops to 70% oppose once a few details come out regarding how it would work. Once people find out that their taxes would have to be tripled or quadrupled to pay for it, you will be lucky to get 10% support. https://www.kff.org/health-reform/po...-january-2019/
At the DSA’s July 2017 national convention, held in Chicago, delegates voted to make “Medicare for All”—DSA’s latest euphemism for government-controlled health care—“a national priority.” While building grassroots support has been a big part of the DSA’s strategy, the comrades know that this means little without congressional voting power. Consequently, the DSA has put huge resources into lobbying, cajoling, and even bullying Congress members into supporting “single-payer” or socialized health care bills.
...
Together with allies such as the Communist Party USA, Our Revolution, and sympathetic unions, the DSA is able to pressure almost any Congress member it needs to influence. Many leftist Congress members are already on board with the DSA’s Marxist agenda and don’t need much prompting. Others who may be looking at a tight reelection race need a lot more pressure—which the DSA is more than willing and able to apply.
...
If the United States ever falls to the tyranny of government-controlled health care, it will not be because of the popular will. It will be because a few thousand committed and well-organized “communists” made it happen.
People need to stay connected with their Congressmen and let them know that this is not what they want.
This is what I don't get...
People can't afford their own health care now. So we want to put a system in place where we have to pay for health care for everyone AND bloated government overhead... how's that going to work?
The answer to health care is not to keep tacking on more and more layers of bureaucracy... we need to be removing layers and lowering the cost structure and have direct patient-doctor services. Get rid of the employer. Get rid of the government. Get rid of the insurance - unless you just want it.
I could support medicare for all citizens but I don't trust the Demonics....they will bring in a hundred million Africans with AIDS and force me to pay their medical care.
Did you know that socialists eat babies, spit on the Flag, and hate Jesus?
Should I be offended? You know me better than that.
Ridiculous.
Try and have a reasonable discussion, use facts and events to back it up my posts - and get your nonsense in return.
My bad for expecting more from you...
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