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Old 12-27-2017, 10:38 AM
AZRWinger AZRWinger is offline
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Default Re: Report: Medicaid enrollment, costs swell under ObamaCare expansion

Quote:
Originally Posted by saltwn View Post
In the poorest states, (the red ones) the federal government pays 73 percent of Medicaid service costs; the national average is between 57 and 60 percent. Medicaid is a lean program. It costs Medicaid substantially less than private insurance to cover people of similar health status.
Medicare dictates reimbursement rates to healthcare providers whereas private insurance providers don't have the power to dictate cut rate reimbursement. It is likely part of the cost of private care offsets the loss from low Medicare rates.
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