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View Diary: New Arkansas Medicaid waiver tests limits of Obamacare goals (58 comments)

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  •  No. It costs significantly less than they charge (1+ / 0-)
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    cocinero

    for care.

    The two are not the same.

    income gains to the top 1% from 2009 to 2011 were 121% of all income increases. How did that happen? Incomes to the bottom 99% fell by 0.4%

    by JesseCW on Sun Mar 03, 2013 at 02:09:53 AM PST

    [ Parent ]

    •  I'm referring to actual costs, not charges (0+ / 0-)

      What a healthcare provider charges is generally incredibly inflated and irrelevant to what the provider actually receives.  Except, perversely, under the current system where uninsured people often are charged these ridiculous rates.

      I'm talking about actual costs:  actual money the healthcare provider must pay to hire staff, buy supplies, etc. to provide care.  Generally speaking Medicaid covers some, but not all, of these costs.  So, the provider needs to either (1) make up the difference elsewhere in order to break even; or (2) reduce its costs.  Cost reduction has been going on in the health care industry for the last 5 years or so, and there's more room to reduce costs, but it's not unlimited.

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