The Mudcat Café TM
Thread #122219 Message #2682414
Posted By: artbrooks
17-Jul-09 - 03:43 PM
Thread Name: BS: Nationalized Healthcare, good? bad?
Subject: RE: BS: Nationalized Healthcare, good? bad?
Another piece of that, kat, is that the medical provider is absolutely not losing any money on what they charge your insurance. That is, the $12.86 represents their cost plus a modest return. The balance of the $44 (that would be $31.14) that they charge the uninsured is pure profit. I suppose some people would say that that some portion of that pays them back for those whose bills they eventually have to write off - I think I'd call it something else.