Medicare pays only about 88 cents for every dollar of care, shortchanging hospitals and doctors. These providers take the payments because they can shift the unmet costs on their patients with private insurance. But if everyone is on "Medicare-for-all," no cost-shifting is possible. The only alternative is lowering the quality of care -- longer waits, limited access to technology.
I have here a bill from a doctor——the M.D. submitted a charge for $185.00———my Medicare plan only approved $82.04-——that’s less than 1/2.
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