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To: willcousa who wrote (179478)9/27/2004 6:33:03 PM
From: Saturn V  Read Replies (2) | Respond to of 186894
 
Ref The government makes out like a bandit because it offloads its' medicare costs on the nonmedicare patients by capping its' reimbursements.

The government is not the root of all evil !

A few years ago my daughter was hospitalized for 2+ weeks and the bill was $70K. Blue Cross had a deal with the hospital that the hospital was only reimbursed a total of $16k ( $13.5 from Blue Cross and $2.5k from me).

I was happy, but the bottom line is that if I did not have Insurance I would have paid the ridiculous figure of $70k. Blue Cross and Medicare are subsidized by the uninsured ! . A few friends of mine had similar experiences. Wall Street Jornal carried a story last week showing that this practice of the uninsured populace subsisiding health cares costs is commonplace across most hospitals.