Wait until you compare medicare plans with medicaid plans. Kinda funny that the medicaid plans pay out more in many many cases then medicare….Lol…[/quote]
I’m not sure where you got that information, but it’s wrong. There are a few benefits that medicaid covers in some states that medicare does not. But overall, medicaid pays providers significantly less than medicare does. Medi-Cal, for instance, pays for some dental and eye care (for children only for the last couple years), but Medicare doesn’t currently cover it. Beyond that, in CA, reimbursements for medicaid services generally havent increased in years, on some cases, they haven’t increased in decades.
But hospitals lose money on medicaid patients. Most can come close to break even on medicare reimbursements, and at current reimbursement rates, it would be profitable if not for the uninsured.
