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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (10053)10/3/2009 3:59:15 PM
From: skinowski2 Recommendations  Read Replies (1) | Respond to of 42652
 
In 2005, Medicare's administrative costs per primary beneficiary were $509, versus private-sector costs of $453.

That $509 number - was it in total, or only on the Medicare side? I know that there are plenty of costs related to dealings with Medicare on the provider side. Someone has to be doing the billing, sit on the phone and write letters trying to reverse denials, etc. That is part of life not only with outpatients. Hospitals are full of case managers, billers, coders, etc., etc. - all of them busy dealing with the everchanging rules and regulations being handed down by HCFA.

Every time Washington sneezes, the entire healthcare industry catches pneumonia.... LOL.



To: i-node who wrote (10053)10/5/2009 10:12:18 AM
From: Road Walker  Read Replies (1) | Respond to of 42652
 
In 2005, Medicare's administrative costs per primary beneficiary were $509, versus private-sector costs of $453.

Of course the average age of the beneficiary for Medicare is (WAG) 70 and for private sector (again WAG) 40. So the usage of insurance is probably at least 3X per beneficiary... of course the admin cost would be higher.


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