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Author: JLC Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 682688  
Subject: Re: Time cover story: why medical costs are risi Date: 2/23/2013 2:01 PM
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...Medicare pay discounted prices, but don’t have enough leverage to bring fees down anywhere close to actual costs...

I stopped reading at this point. I know the article is talking about hospitals in particular, however, they more than make up for this in dealing with physicians. I get paid, on average, 15 cents on the dollar by Medicare/Medicaid when compared to private pay/insurance companies.

I would also submit that this probably more than makes up for any "loss" in dealing with hospital rooms, etc.

JLC
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