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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (615905)6/13/2011 12:07:12 PM
From: Alighieri  Read Replies (2) of 1580450
 
Medicare costs are price-controlled. ... This bogus and arbitrary setting of fees by fiat results in cost-shifting to private plans -- a total convolution of market forces that otherwise would keep private plan costs lower.

I shudder to imagine what would happen of paul ryan had his way and medicare was no longer price controlled.

You cannot just arbitrarily dump an additional 20 or 25% of the healthcare system's cost on private insurers

It's a zero sum game...if it lost price controls medicare costs would go up...but the country's health care costs would remain generally the same or go up if paul ryan's plan takes hold...and the problem of the US having the highest per capita health care costs in the world would be unaltered...

...and expect no disruption in the microeconomics of health care.

What a great sounding generalization...that says absolutely nothing.

Al
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